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| | No. 1-04-2739, Clark v. Cannon Steel Erection Co. |
 | | Defendant, Cannon Steel Erection Company, appeals from an order of the circuit court of Cook County which granted the motion of the plaintiff, the Director of the Illinois Department of Insurance, as liquidator of Back of the Yards Neighborhood Council Risk Management Association, Inc. (BYRMA), for summary judgment. |
 | | Cannon, at its own expense, had been defending the third-party and workers' compensation claims after BYRMA had been placed in liquidation. |
 | | As the trial court correctly noted, both of those decisions examined whether the debts at issue satisfied the mutuality requirement for setoff, not whether the debts to be set off should be extended to claims which had not matured and were unliquidated. |
| www.state.il.us /court/Opinions/AppellateCourt/2005/1stDistrict/August/Html/1042739.htm (3147 words) |
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