United States Seventh Circuit
Illinois Inv. Trust No. 92- 7163 v. Am. Grading Co., 07-3993
In an action involving the assignment of rights to a landfill after a bankruptcy, district court's judgment is affirmed where: 1) the failure of third party RTC to pay the advance royalty was a material breach that justified defendant's invocation of the termination provisions of the lease; and 2) the terminated lease between defendant and third party RTC means that the rights to the landfill are not available to any of RTC's creditors, and thus plaintiff-creditor cannot obtain the lease by assignment.
Appellate Information
- Decided 04/08/2009
- Published 04/08/2009
Judges
- WOOD, Circuit Judge., Before MANION, WOOD, and WILLIAMS, Circuit Judges.
Court
- United States Seventh Circuit
Counsel
- For Appellant:
- Colleen E. McManus (argued), Much, Shelist, Freed, Denenberg, Ament & Rubenstein, Chicago, IL, for Appellant.
- For Appellees:
- Phillip L. Comella, Sara E. Lorber (argued), Seyfarth Shaw, Chicago, IL, for Appellee.