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Promissory Estoppel

By: Derek Hawkins//February 13, 2018//

Promissory Estoppel

By: Derek Hawkins//February 13, 2018//

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7th Circuit Court of Appeals

Case Name: Firestone Financial, LLC, v. John R. Meyer

Case No.: 17-1611; 17-1712

Officials: BAUER, KANNE, and BARRETT, Circuit Judges.

Focus: Promissory Estoppel

Firestone Financial sued John Meyer as guarantor of defaulted loans. Meyer, proceeding pro se, asserted promissory estoppel as both a defense and counterclaim. After an earlier trip to this court, see Firestone Fin. Corp. v. Meyer, 796 F.3d 822 (7th Cir. 2015), the district court entered summary judgment for Firestone. Meyer filed two notices of appeal, and we consolidated the appeals. We affirm the judgment in 17‐1611 because a reasonable jury could not conclude that Meyer has satisfied any of the three elements of promissory estoppel. We dismiss 17‐1712 as duplicative.

Dismissed as duplicative

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Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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