Lost Profits and the ‘New Business Rule’ – A Short and Sweet One

Aside from delving into some unique issues that crop up in corporate guaranty suits, Williamson Co. v. Ill-Eagle Enterprises, Ltd., 2015 WL 802250, the case I featured yesterday (http://paulporvaznik.com/business-compulsion-duress-and-guaranties-signed-after-the-underlying-contract/7667) also provides some lost profits essentials adapted to a new(ish) business relationship. In the case, the home decor designer who vends to large retailers (think Bed Bath …

Business Compulsion And Economic Duress – Illinois Case Note

In Williamson v. Ill-Eagle Enterprises, Ltd., 2015 WL 802250, a manufacturer of framed art and wall décor sued the New Jersey-based designer of those items and its corporate President (the “Guarantor”) for breach of contract and breach of a written guaranty, respectively.  The guaranty contained a forum selection clause fixing Illinois as the site for …

“But, But I’m So Busy!!” (What To Do When You’re Appointed Counsel in Federal Civil Rights Case – A 10-Step Guide)

I had barely finished congratulating myself on my Federal Trial Bar acceptance when I received a cryptic email from the Northern District’s electronic filing system. The late Judge Hibbler (perhaps the nicest judge I’ve ever been before) had appointed me to represent a pro se plaintiff – an Illinois inmate – in a Section 1983 action against …