LTD COMMODITIES, INC. v. PEREDERIJ

No. 82-1349.

699 F.2d 404 (1983)

LTD COMMODITIES, INC., Plaintiff-Appellant, v. Igor G. PEREDERIJ and Beacon Data Processing Service Corporation, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided February 8, 1983.


Attorney(s) appearing for the Case

Stephen J. Spitz, Sperling, Slater & Spitz, Chicago, Ill., for plaintiff-appellant.

Harry D. Lavery, Berger, Newmark & Fenchel, Chicago, Ill., for defendants-appellees.

Before CUMMINGS, Chief Judge, PELL, Circuit Judge, and DUMBAULD, Senior District Judge.


DUMBAULD, Senior District Judge.

"The law's delay" of which Shakespeare and Dickens eloquently speak, is frequently more truth than poetry or fiction. It is often inordinately prolonged, especially since the "litigation explosion" and mounting caseloads in the courts. Yet in many cases vital interests of litigants may be jeopardized by procrastination, and immediate action may be necessary to prevent irreparable injury threatened by intervening circumstances. The...

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