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PHOENIX BOND AND INDEM. CO. v. PAPPAS

No. 1-98-2905.

723 N.E.2d 280 (1999)

309 Ill. App.3d 779

243 Ill.Dec. 248

PHOENIX BOND AND INDEMNITY CO., Midwest Real Estate Investment Company, Inc., Oak Park Investments, Inc., and S.I. Securities, Plaintiffs-Appellees, v. Maria PAPPAS, Cook County Treasurer and ex-officio County Collector of Cook County, Defendant-Appellant.

Appellate Court of Illinois, First District, Second Division.

As Modified Upon Denial of Rehearing January 25, 2000.

Attorney(s) appearing for the Case

Richard A. Devine, State's Attorney of Cook County, Chicago (Patricia Shymanski and Randolph T. Kemmer, Assistant State's Attorneys, of counsel), for Appellant.

Rodney C. Slutzky, Jeffrey S. Blumenthal, Law Offices of Rodney C. Slutzky, Chicago, for Appellees.

OPINION MODIFIED UPON DENIAL OF REHEARING

Presiding Justice COUSINS delivered the opinion of the court.

The plaintiffs are tax buyers at the annual Cook County tax sale. In response to perceived anti-competitive practices among the bidders at the auction, the Cook County treasurer and ex officio county collector instituted a rule that properties on which multiple, simultaneous identical bids were made would not be sold at the auction. The plaintiffs...

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