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· 4/18/1995

Midwest Decks, Inc. v. Butler and Baretz Acquisitions, Inc.

Citations

  • 649 N.E.2d 511
  • 208 Ill. Dec. 455
  • 272 Ill. App. 3d 370

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting, in the course of finding that no escrow existed, that “the purchase agreement in the case at bar did not call for setting up an escrow account or for segregating the funds”
  • “Once the interest in the original collateral is perfected, the security interest in the proceeds from the collateral is also perfected.”
  • “Generally, where parties capable- of handling their business affairs deal with each other at arm’s length, and there is no evidence that the alleged fiduciary agreed to exercise its judgment on behalf of the alleged servient party, no fiduciary relationship will be deemed to exist.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Scariano

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.