AARDVARK ART, INC. v. LEHIGH/STECK-WARLICK, INC.

No. 2-90-0441.

572 N.E.2d 472 (1991)

212 Ill. App.3d 492

157 Ill.Dec. 403

AARDVARK ART, INC., Plaintiff-Appellee, v. LEHIGH/STECK-WARLICK, INC., Defendant-Appellant.

Appellate Court of Illinois, Second District.

As Modified on Denial of Rehearing May 30, 1991.


Attorney(s) appearing for the Case

Botti, Marinaccio, DeSalvo & Tameling, Ltd., Howard R. Wertz, Frank J. DeSalvo, Oak Brook, Pollak & Hoffman, Ltd., David A. Shapiro, Chicago, Schnader, Harrison, Segal & Lewis, Irving S. Segal, John E. McKeever, Philadelphia, Pa., for Lehigh/Steck-Warlick, Inc.

Greene, Jones & Brisske, Robert E. Jones, Wheaton, Hinshaw, Culbertson, Moelmann, Hoban & Fuller, Kathleen T. Zellner, Naperville, Robert G. Black, on the brief, Hinshaw, Culbertson, Moelmann, Hoban & Fuller, Lisle, D. Kendall Griffith, on the brief, Hinshaw & Culbertson, Moelmann, Hoban & Fuller, Chicago, for Aardvark Art, Inc. and Able Art, Inc.


Justice GEIGER delivered the opinion of the court:

The defendant, Lehigh/Steck-Warlick, Inc. (Lehigh), appeals from a $1,695,833 jury verdict for the plaintiff, Aardvark Art, Inc. (Aardvark). The defendant raises several issues regarding the trial wherein Aardvark sought to recover its alleged diminished corporate value and its estimated loss of future profits. We reverse and remand.

The facts elicited during trial are as follows. In 1974, Gerald McGlothlin...

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