HOLLYWOOD BLVD. CINEMA v. FPC FUNDING II

No. 2-13-1165.

23 N.E.3d 381 (2014)

HOLLYWOOD BOULEVARD CINEMA, LLC, Plaintiff and Counterdefendant, v. FPC FUNDING II, LLC, Defendant and Counterplaintiff-Appellee (Lyon Financial Services, Inc., d/b/a U.S. Bancorp Equipment Finance, Inc., Nationwide Recovery Systems, Ltd., and West Suburban Bancorp, Inc., Defendants; Ted E. Bulthaup III, a/k/a/Edwin C. Bulthaup III, a/k/a Ted C. Bulthaup III, Counterdefendant-Appellant).

Appellate Court of Illinois, Second District.

November 17, 2014.


Attorney(s) appearing for the Case

Kenneth M. Sullivan and Kevin J. Mahoney , both of Tressler LLP, of Chicago, for appellant.

D. Alexander Darcy and Amrit S. Kapai , both of Askounis & Darcy, P.C., of Chicago, for appellee.


OPINION

¶ 1 Counterdefendant, Ted E. Bulthaup III, is the managing member of Hollywood Boulevard Cinema, LLC (Hollywood), which operates a movie theater in Woodridge, Illinois. Hollywood entered into an equipment finance lease with IFC Credit Corporation (IFC), for...

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