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IFC CREDIT CORP. v. NUOVO PASTA CO., INC.

No. 91 C 7978.

815 F.Supp. 268 (1993)

IFC CREDIT CORPORATION, Plaintiff, v. NUOVO PASTA CO., INC., Defendant.

United States District Court, N.D. Illinois, E.D.

March 10, 1993.

Attorney(s) appearing for the Case

Edward Michael Graham, Aaron E. Hoffman, Schwartz & Freeman, Marty Jay Schwartz, Marty J. Schwartz, Gregory Alan Stayart, Chicago, IL, for plaintiff.

Edward C. Fitzpatrick, Pamela Sue Moore-Gibbs, Lord, Bissell & Brook, Chicago, IL, for defendant.

MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

This contract dispute arises out of an equipment leasing agreement between plaintiff IFC Credit Corporation ("IFC") and defendant Nuovo Pasta Co., Inc. ("Nuovo Pasta"). The agreement, which provided that IFC would lease pasta-making equipment to Nuovo Pasta, was contingent on Nuovo Pasta obtaining $300,000 of additional financing. IFC now seeks partial summary judgment on the issue of whether Nuovo Pasta...

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