Illinois Appellate Court
Civil Court
Breach of Contract
(Court opinion corrected 7/3/19.) Plaintiff LLC filed complaint related to sale of its 34% interest in another LLC in exchange for option to repurchase that interest on or before 2 certain dates for certain amounts, alleging Defendant failed to perform under the repurchase option. Court dismissed 3rd amended complaint with prejudice. Defendants' motion for sanctions, filed nearly 5 months after court's final judgment and while those claims were before appellate court, was untimely, and thus court lacked jurisdiction to grant any relief requested int he motion. (GRIFFIN, concurring; MIKVA, dissenting.)