CHB Uptown Properties, LLC v. Financial Place Apartments

              FIFTH DIVISION
December 14, 2007
No. 1-07-2035
CHB UPTOWN PROPERTIES, LLC, a Delaware Limited )
Liability Company; and CHB FINANCIAL PLACE, LLC, )
a Delaware Limited Liability Company, ) Appeal from the
) Circuit Court of
Plaintiffs-Appellees, ) Cook County
)
v. )
)
FINANCIAL PLACE APARTMENTS, LLC, an Illinois )
Limited Liability Company; and ANTOIN REZKO, ))
Defendants-Appellants ) Honorable
) Barbara A. McDonald,
(Daniel Mahru, ) Judge Presiding.
)
Defendant). )
JUSTICE O’MARA FROSSARD delivered the opinion of the court:
Defendants Antoin Rezko and Financial Place Apartments appeal the trial court order
which denied their motion to stay the instant proceedings in the circuit court of Cook County.
In support of their contention that the court erred by refusing to stay the proceedings, defendants
argue the following: (1) Rezko is under federal indictment and a stay is necessary to protect his
fifth amendment rights; (2) Rezko will be severely prejudiced without a stay; (3) a stay will further
the public interest and promote judicial efficiency; (4) plaintiffs will not be unduly prejudiced by a
stay; (5) a stay is appropriate because the subject of the instant lawsuit and the subject of the
federal indictment overlap; (6) a stay is justified even though the government is not a party to this