Appellate Court of Illinois
First Merit Realty Services, Inc. v. Amerly Square Apartments, LP, 1-05-3556
A judgment affirming an arbitration award for plaintiffs arising out of defendant's termination of the property management contracts between the parties is vacated where: 1) the arbitrators exceeded their authority in awarding damages to plaintiff when the defendants complied with the management agreements where they provided 30 days advance notice; and 2) the arbitrators improperly considered parol evidence when they reformed the contracts despite their unambiguous language.
Appellate Information
- Decided 05/10/2007
- Published 05/10/2007
Judges
Court
- Appellate Court of Illinois
Counsel
- For Appellant:
- Canel, Davis & King, Chicago (Peter M. King, William H. Jones, Kasey M. Folk, of counsel), for Appellants.
- For Appellees:
- Novack and Macey LLP, Chicago (Stephen Novack, Courtney D. Tedrowe, of counsel), for Appellees.