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CONNECTICUT GEN. LIFE INS. v. CHICAGO TITLE & TRUST

No. 82-1775.

714 F.2d 48 (1983)

CONNECTICUT GENERAL LIFE INSURANCE COMPANY, Plaintiff-Appellee, v. CHICAGO TITLE AND TRUST COMPANY, not individually but as Trustee of Trust No. 10-69000, under Trust Agreement dated May 1, 1976, et al., Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided August 12, 1983.

Rehearing Denied September 9, 1983.

Attorney(s) appearing for the Case

William J. Harte, Chicago, Ill., for defendants-appellants.

Donald R. Harris, Jenner & Block, Chicago, Ill., for plaintiff-appellee.

Before CUDAHY and ESCHBACH, Circuit Judges, and SWYGERT, Senior Circuit Judge.

CUDAHY, Circuit Judge.

Plaintiff-appellee Connecticut General Life Insurance Company sued defendants-appellants, who are real estate developers ("the Developers"), for breach of a real estate financing contract. The Developers disputed Connecticut General's claim, insisting that they had not accepted Connecticut General's offer and thus no binding contract had been created. The district court held that the Developers had accepted...

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