Contracts — extrinsic evidence

Posted October 13, 2021 10:09 AM

Where bankruptcy court did not err in looking to extrinsic evidence in establishing terms of LLC agreement where the agreement lacked an integration clause and certain sections contemplated future agreements by the members.The 7th U.S. Circuit Court of Appeals affirmed a decision by Judge Edmond E. Chang, Northern District of Illinois.In 2006, George Stergiadis, Christos Dimas and Dean Theo decided to open a fruit market in Libertyville, Illinois. The three formed 1600 South LLC, purchased land on which to build the market …

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