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MARVIN H. v. MOREHEAD

No. 14-2618.

798 F.3d 487 (2015)

MARVIN H. & Gail L. Richer, Plaintiffs-Appellants, v. Patrick MOREHEAD, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided August 11, 2015.

Attorney(s) appearing for the Case

Bradley T. Koch , Jocelyn Lindsay Koch , Attorneys Holmstrom & Kennedy, Rockford, IL, for Plaintiffs-Appellants.

Raymond John Ostler , Attorney, Gomberg, Sharfman, Gold & Ostler, Chicago, IL, for Defendant-Appellee.

Before POSNER, KANNE, and HAMILTON, Circuit Judges.

This appeal presents a question of contract interpretation. The Richers, a married couple, filed for bankruptcy. Morehead, who had invested in commercial real estate owned by a trust controlled by Mr. Richer, filed an unsecured claim for $945,000 in the bankruptcy proceeding. The Richers filed an adversary action claiming...

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