Emergency injunctive relief granted, protecting client's $100k+ real estate investment
We are pleased to announce a court victory on behalf of our client in the Circuit Court of Cook County, Illinois, Chancery Division. Our client, the Purchaser under a real estate Purchase and Sale Agreement, sought emergency relief after the Sellers refused to allow property inspections required as a condition of our client's U.S. Small Business Administration (SBA) loan. Despite our client having already invested over $100,000.00 in property improvements, successfully obtained a special use zoning variance, and secured SBA financing, the Sellers blocked access to the property without adequate justification. The Court granted our Motion for Temporary Restraining Order (TRO), finding that our client demonstrated all required elements — including an ascertainable contractual right to inspections, irreparable harm, no adequate remedy at law, and a likelihood of success on the merits.
This victory ensures our client's path to closing remains intact and her SBA loan is preserved.