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LRN HOLDING v. WINDLAKE CAPITAL ADVISORS

No. 3-10-0194.

949 N.E.2d 264 (2011)

409 Ill. App.3d 1025

350 Ill. Dec. 776

LRN HOLDING, INC., and David P. Ransburg, Plaintiffs-Appellants, v. WINDLAKE CAPITAL ADVISORS, LLC, Defendant-Appellee.

Appellate Court of Illinois, Third District.

May 9, 2011.

Attorney(s) appearing for the Case

Robert M. Riffle (argued), Elias, Meginnes, Riffle & Seghetti, P.C., Peoria, for LRN Holdings, Inc.

David G. Lubben (argued), Davis & Campbell, L.L.C., Peoria, Philip E. Ruben, David S. Wayne, Arnstein & Lehr, Chicago, for Windlake Capital Advisors, LLC.

OPINION

Justice SCHMIDT delivered the judgment of the court, with opinion.

Plaintiffs, LRN Holding, Inc. (LRN), and David Ransburg, brought this declaratory judgment action against defendant, Windlake Capital Advisors, LLC, seeking a declaration that a contract entered into by the parties is void. As such, plaintiffs claimed they were entitled to recover fees associated with the sale of LRN. Defendant, Windlake Capital Advisors, LLC, moved to dismiss the...

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