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ROMSPEN MORTGAGE LTD. P'SHIP v. BGC HOLDINGS LLC

No. 20-3017.

20 F.4th 359 (2021)

ROMSPEN MORTGAGE LIMITED PARTNERSHIP, Plaintiff-Appellee, v. BGC HOLDINGS LLC — ARLINGTON PLACE ONE, et al., Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided December 13, 2021.

Attorney(s) appearing for the Case

Jason J. DeJonker , Becky L. Huinker , Attorneys, Bryan Cave Leighton Paisner LLP, Chicago, IL, Barbara A. Smith , Attorney, Bryan Cave Leighton Paisner LLP, St. Louis, MO, Samuel Edward Hofmeier , Attorney, Bryan Cave Leighton Paisner LLP, Kansas City, MO, for Plaintiff-Appellee.

Thomas Richard Fawkes , Brian J. Jackiw , Attorneys, Tucker Ellis LLP, Chicago, IL, for Defendants-Appellants BGC Holdings LLC — Arlington Place One and Samuel K. Bobby.

Christopher V. Langone , Attorney, Skokie, IL, for Defendant-Appellant Puthenveetil K. Bobby.

Before RIPPLE, ROVNER, and SCUDDER, Circuit Judges.

This case brings to us a contract dispute over a piece of commercial real property in Arlington Heights, Illinois. After BGC Holdings, LLC, et al., ("BGC") defaulted on a loan secured by Romspen Mortgage Limited Partnership ("Romspen"), the parties negotiated an agreement to avoid foreclosure of the property (the "Arlington...

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