REWARDS NETWORK ESTABLISHMENT SERVICES, INC. v. LAJAUNIE

No. 20-1045.

REWARDS NETWORK ESTABLISHMENT SERVICES, INC., Plaintiff-Appellee, v. PHILIP LAJAUNIE, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided April 20, 2021.


NONPRECEDENTIAL DISPOSITION

To be cited only in accordance with Fed. R. App. P. 32.1

ORDER

Philip Lajaunie sold a percentage of his two restaurants' future credit card receivables to Rewards Network Establishment Services for $600,000, and accepted personal liability for the transaction, which was essentially a business loan. Very soon after the sale, however, one of the restaurants closed and, a few months later, the other filed for bankruptcy...

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