Medstrategies Consulting Group v. Schmiege

              No. 2--07--0586 Filed: 5-8-08
______________________________________________________________________________
IN THE
APPELLATE COURT OF ILLINOIS
SECOND DISTRICT
______________________________________________________________________________
MEDSTRATEGIES CONSULTING ) Appeal from the Circuit Court
GROUP, LTD., STEVEN D. BUSH, ) of Kane County.
and NICHOLAS LOISE, ))
Plaintiffs-Appellees, ))
v. ) No. 03--L--224
)
DAVID P. SCHMIEGE, )
MEDSTRATEGIES, INC., and )
MEDSTRATEGIES MANAGEMENT )
GROUP, LTD., ) Honorable
) Donald J. Fabian,
Defendants-Appellants. ) Judge, Presiding.
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JUSTICE GROMETER delivered the opinion of the court:
Plaintiffs, Medstrategies Consulting Group, Ltd., Steven D. Bush, and Nicholas Loise, sued
defendants, David P. Schmiege, Medstrategies, Inc., and Medstrategies Management Group, Ltd.,
with respect to Schmiege's dealings with Medstrategies Consulting Group, Ltd. The parties
ultimately entered into a settlement agreement and mutual general release (the Agreement), which
provided that Schmiege would make 60 monthly payments of $416.66 to Bush, totaling $25,000.
The Agreement further provided that, if Schmiege failed to make a timely payment and failed to cure
his default within 10 days of notice thereof, the settlement amount would be converted from $25,000
to $79,000. When Schmiege missed a payment and failed to submit the payment within the10-day
grace period, Bush moved for enforcement of the Agreement and for entry of judgment in the