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CARLISLE INVESTMENTS GROUP, LTD. v. WHITE

No. 1-05-2096.

852 N.E.2d 393 (2006)

CARLISLE INVESTMENTS GROUP, LTD., Gary L. Blank and John G. Frezados, Plaintiffs-Appellants, v. Jesse WHITE, Secretary of State, State of Illinois, Defendant-Appellee.

Appellate Court of Illinois, First District, Second Division.

June 27, 2006.

Attorney(s) appearing for the Case

Peter J. Miller, Sinar Keldermans Miller & Friedman, LLC, Chicago, for Appellant.

Lisa Madigan, Attorney General, Mary E. Welsh, Assistant Attorney General, Chicago, for Appellee.

Justice SOUTH delivered the opinion of the court:

Following an administrative hearing, the Secretary of State found that plaintiff and its officers acted as loan brokers within the meaning of the Illinois Loan Brokers Act of 1995(Act) (815 ILCS 175/15-5.15 (West 1998)) when they agreed in November 1999 to arrange sources of financing for, and to help rehabilitate, a building owned by Lorraine Phillips in return for a fee...

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