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MBC, INC. v. SPACE CENTER MINNESOTA, INC.

No. 86-0338.

177 Ill. App.3d 226 (1988)

532 N.E.2d 255

MBC, INC., Plaintiffs and Counterdefendants-Appellees, v. SPACE CENTER MINNESOTA, INC., et al., Defendants and Counterplaintiffs-Appellants (Space Center, Inc., Defendant and Cross-Appellee; Mortimer Development Company, Counterdefendant).

Appellate Court of Illinois — First District (3rd Division).

Rehearing denied December 6, 1988.

Attorney(s) appearing for the Case

A. Daniel Feldman, Donald V. Jernberg, and Edward R. Gower, all of Chicago (Isham, Lincoln & Beale, of counsel), for appellants.

Philip W. Tone, Robert C. Keck, and Don R. Sampen, all of Jenner & Block, of Chicago, for appellees.

Affirmed in part and reversed in part.

JUSTICE FREEMAN delivered the opinion of the court:

This litigation arises from the sale of a commercial warehousing business, Crooks Terminal Warehouse, by plaintiff, MBC, Inc. (MBC), to defendant Space Center Minnesota, Inc. (SCM). The business consisted of three large buildings in and around Chicago used as distribution centers by major food products manufacturers and retailers. After a bench trial, the circuit court...

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