Heartland Rail Corp. v. Railroad Development Corp.

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May 15, 2003

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4011 Railroads, Line-haul Operating
482111 Line-Haul Railroads
contract
breach of contract, fair market value (FMV)
Heartland Rail Corp. v. Railroad Development Corp.
2003 U.S. Dist. LEXIS 8269
US
State Court
Illinois
United States District Court
R.L. Banks & Associates, R. Bruce Den Uyl, L.E. Peabody & Associates, Roger Grabowski, Norman Carlson, Theresa Poppei
Coar

Summary

There are several motions pending and fully briefed before the court in this case.
Heartland Rail Corp. v. Railroad Development Corp.
PDF, Size: 487 KB

See Also

Nonbinding Letter of Intent Need Not Be Disclosed to Appraisers

Legal and Court Case Update
December 2003

The issue in this contract dispute was whether Railroad Development Corp. (RDC) had a duty to disclose the terms of a letter of intent to independent appraisers.