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CRESCENT CORP. v. PROCTOR & GAMBLE CO.

No. 89-1452.

898 F.2d 581 (1990)

CRESCENT CORPORATION, a corporation, Plaintiffs-Appellants, v. PROCTOR & GAMBLE COMPANY, a corporation, and Huber, Hunt & Nichols, Incorporated, a corporation, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided March 30, 1990.

Attorney(s) appearing for the Case

David L. Campbell, Campbell & Campbell, St. Louis, Mo. and Joseph J. Banks, Oak Brook, Ill., for plaintiffs-appellants.

Hugh Moore, Lord, Bissell & Brook, Chicago, Ill., Alan H. Goldstein, Diane Hubbard Kennedy, and Susan R. Brooke, Dutton & Overman, Indianapolis, Ind., for defendants-appellees.

Before BAUER, Chief Judge, and RIPPLE, Circuit Judge and WILL, Senior District Judge.

BAUER, Chief Judge.

On September 18, 1985, Crescent Corporation and William A. Brandt, Jr., assignee for the benefit of creditors of Crescent Corporation, (collectively referred to as "Crescent"),2 filed a two-count complaint against Proctor & Gamble Company (P & G) and Huber, Hunt & Nichols, Inc. (Huber) in the circuit court of Kane County, Illinois. The first count sought damages...

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