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WALKER v. PRITZKER

No. 82-2200.

705 F.2d 942 (1983)

David L. WALKER and Louis Fischer, Defendants-Crossdefendants-Appellants, v. Abram N. PRITZKER, Jay A. Pritzker, Nicholas J. Pritzker d/b/a Pritzker & Pritzker, an Illinois partnership, Plaintiffs-Appellees, and Richard C. Jones, as Trustee under Trust Agreement No. 105, Defendant-Coplaintiff-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided May 3, 1983.

Attorney(s) appearing for the Case

John J. McInerney, Leahy & Eisenberg, Chicago, Ill., for defendants-crossdefendants-appellants.

Lawrence Gunnels, Reuben & Proctor, Ronald H. Galowich, Galowich & Galowich, Chicago, Ill., for plaintiffs-appellees.

Before PELL and ESCHBACH, Circuit Judges, and NEAHER, Senior District Judge.

PELL, Circuit Judge.

In this statutory interpleader action plaintiff, the law firm of Pritzker & Pritzker, sought to determine who was entitled to a $400,000 deposit of earnest money it held under a real estate sales contract. For the purpose of this appeal, it is sufficient to know that Richard C. Jones, as seller, and David L. Walker, as buyer, negotiated a real estate contract that Walker later refused to perform. Under the contract plaintiff held $400,000...

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