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BLOOM v. LANDY

No. 77-806.

72 Ill. App.3d 383 (1979)

389 N.E.2d 1286

ALEX BLOOM, Plaintiff-Appellee, v. GERALD LANDY, Defendant-Appellee. — (MORRIS GOLDMAN, Defendant-Appellant.)

Appellate Court of Illinois — First District (4th Division).

Opinion filed April 26, 1979.

Attorney(s) appearing for the Case

Ronald J. Clark, of Clark, Thomas & Piers, of Chicago, for appellant.

Elliott L. DuBois, of Chicago, for appellee Alex Bloom.

Allen I. Brown and Levin, Novoselsky, Zwirn & Gallagher, both of Chicago, for appellee Gerald Landy.

Affirmed in part, reversed in part, dismissed in part, and remanded.

Mr. JUSTICE LINN delivered the opinion of the court:

Plaintiff, Alex Bloom, and co-defendant, Gerald Landy, were equal partners in the accounting firm of "Alex Bloom & Co." Co-defendant, Morris Goldman, executed a purchase agreement and agreed to buy for $45,000 Bloom's 50% interest in the accounting partnership. By a separate document, Landy personally guaranteed to Bloom Goldman's payment...

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