United States Seventh Circuit

In a dispute over the sale of shares in a closely held corporation back to the corporation, summary judgment for defendant-corporation is affirmed where the plain language of the Illinois Securities Law of 1953 encompasses both purchasers and sellers of stock such that plaintiff's lawsuit was barred by the law's statute of repose.

Appellate Information

• Argued 02/14/2007
• Decided 09/14/2007
• Published 09/14/2007

Judges

• WOOD, Circuit Judge., Before MANION, WOOD, and EVANS, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Joseph L. Kish (argued), Synergy Law Group, Chicago, IL, for Plaintiff-Appellant.


• For Appellees:
  
• David A. Rolf, Sorling Northrup Hanna Cullen & Cochran, R. Kurt Wilke (argued), Barber, Segatto, Hoffee & Hines, Springfield, IL, for Defendants-Appellees.