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BARTER EXCHANGE, INC. v. BARTER EXCHANGE, INC.

No. 1-91-0499.

606 N.E.2d 186 (1992)

238 Ill. App.3d 187

179 Ill.Dec. 354

BARTER EXCHANGE, INC. OF CHICAGO, an Illinois corporation, and T.A.H. Companies, Inc., d/b/a Louisville Barter Exchange, a Texas corporation, Plaintiffs-Appellants, v. BARTER EXCHANGE, INC., a Texas corporation, Defendant-Appellee.

Appellate Court of Illinois, First District, Third Division.

Rehearing Denied December 3, 1992.

Attorney(s) appearing for the Case

Frank M. Pawlak, Clinton J. Wesolik, Chicago, Burke Wilson & McIlvaine, for plaintiffs-appellants.

Lee N. Abrams, John M. Touhy, Anne K. Lewis, Beth Eiseman Grey, Chicago, Mayer Brown & Platt, for defendant-appellee.

Justice RIZZI delivered the opinion of the court:

Plaintiffs, Barter Exchange, Inc. of Chicago (Chicago Barter Exchange), and T.A.H. Companies, Inc., d/b/a Louisville Barter Exchange (T.A.H.), filed a complaint against defendant, Barter Exchange, Inc. of Texas (Texas Barter Exchange). Plaintiffs, by their complaint, sought to rescind their respective franchise agreements with defendant on the grounds that defendant failed to comply with provisions governing the registration...

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