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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.
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