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| LSQ Funding Group L.C. v. JetGlobal LLC |
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JetGlobal, Inc.
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| Winston & Strawn attorneys won a motion to dismiss on behalf of JetGlobal LLC in a lawsuit brought by LSQ Funding Group L.C. in the Circuit Court of Cook County, Illinois, for the alleged breach of a letter-proposal signed by both parties. LSQ was attempting to enforce an origination fee provision following the parties? failed negotiations for an asset-based financing facility. Our attorneys argued that the proposal disclaimed any binding intent and therefore could not possibly constitute a fee agreement between the parties. The judge agreed and dismissed the case in its entirety. |
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