Innovative Modular Solutions v. Hazel Crest School District 152.5
Illinois Appellate Court
Civil Court
School Districts
School District leased portable classrooms from Plaintiff corporation, and agreed to pay cancellation fee if it cancelled leases before termination of lease terms. School District's Financial Authority cancelled leases, but District did not pay cancellation fees. Once the State invoked the School Finance Law, the District was divested of control ov er its finances and had no statutory authority to pay its debts, making District's performance of contract legally impossible.
(QUINN and STEELE, concurring.)