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INTERN. MERGER & ACG. CONS. v. ARMAC ENTERPRISES

No. 75-1202.

531 F.2d 821 (1976)

INTERNATIONAL MERGER & ACQUISITION CONSULTANTS, INC., Plaintiff-Appellee, v. ARMAC ENTERPRISES, INC., Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided March 5, 1976.

Rehearing Denied April 20, 1976.

Attorney(s) appearing for the Case

Lance M. Green, Ira Marcus, Chicago, Ill., for defendant-appellant.

Ralph A. Mantynband, Chicago, Ill., for plaintiff-appellee.

Before SWYGERT and SPRECHER, Circuit Judges, and WARREN, District Judge.

WARREN, District Judge.

This appeal concerns an action whereby International Merger & Acquisition Consultants, Inc. seeks to recover a finder's fee pursuant to an alleged oral contract to locate a financing commitment for Armac Enterprises, Inc. The plaintiff-appellee is a closely-held corporation in the business of obtaining commissions for providing introductions amongst various candidates for mergers, acquisitions or financing. The defendant is a publicly-held...

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