· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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