Bachewicz v. American National Bank & Trust Co.

466 N.E.2d 1096 (1984)

Study Aids
Case Briefs Overview
Casebooks
Case Briefs
B
From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

Bachewicz v. American National Bank & Trust Co.

Illinois Appellate Court
466 N.E.2d 1096 (1984)

JW

Facts

Allan Bachewicz, Joseph Bachewicz, and Lawrence Conjar (plaintiffs) owned B & B Investment Company (B&B) (plaintiff). Statesman Limited Partnership (Statesman) and 5601 North Sheridan Associates (Associates) (defendants) owned an apartment building that was held in trust by the American National Bank & Trust Company (defendant). B&B offered to buy the building, and Statesman and Associates agreed to sell it to B&B. Statesman and Associates, however, breached the agreement before the closing date, refusing to follow through with the sale. Instead, Statesman bought out Associates and then sold the building to a third party. B&B sued the defendants for breach of contract, seeking money damages. The trial court awarded B&B the difference between the B&B contract price and the price at which Statesman later sold the property. Statesman appealed, arguing that the trial court should not have based the damages on the resale, which occurred a year after the B&B contract’s closing date.

Rule of Law

Issue

Holding and Reasoning (Linn, J.)

Dissent (Jiganti, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 805,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 805,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 805,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

Contracts

Key Terms