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NER TAMID CONGREGATION OF N. TOWN v. KRIVORUCHKO

No. 08 c 1261.

660 F.Supp.2d 927 (2009)

NER TAMID CONGREGATION OF NORTH TOWN, Plaintiff, v. Igor KRIVORUCHKO, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

October 6, 2009.

Attorney(s) appearing for the Case

Jay R. Hoffman, Hoffman Legal, Chicago, IL, for Plaintiff.

Michael R. Turoff, Thadford A. Felton, Jason Brett Hirsh, Justin L. Weisberg, W. Matthew Bryant, Arnstein & Lehr, LLP, Chicago, IL, for Defendant.

MEMORANDUM OPINION AND ORDER

JEFFREY COLE, United States Magistrate Judge.

In 2007, Mr. Krivoruchko defaulted on his contract to purchase a parcel of real estate from Ner Tamid Congregation. He sought to justify the breach of contract on the claimed unforeseeability of a decline in the real estate market, which, he said, made it impracticable for him to obtain the kind of financing he wanted. The real estate contract did not contain a financing contingency...

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