Pal Win Retail Investors, LLC v. Swinford

CourtAppellate Court of Illinois
DecidedJune 16, 2026
Docket3-25-0509
StatusUnpublished

This text of Pal Win Retail Investors, LLC v. Swinford (Pal Win Retail Investors, LLC v. Swinford) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Pal Win Retail Investors, LLC v. Swinford, (Ill. Ct. App. 2026).

Opinion

NOTICE: This order was filed under Supreme Court Rule 23 and is not precedent except in the limited circumstances allowed under Rule 23(e)(1).

2026 IL App (3d) 250509-U

Order filed June 15, 2026 _____________________________________________________________________________

IN THE

APPELLATE COURT OF ILLINOIS

THIRD DISTRICT

PAL WIN RETAIL INVESTORS, LLC, ) Appeal from the Circuit Court an Illinois Limited Liability Company, ) of the 18th Judicial Circuit, ) Du Page County, Illinois. Plaintiff-Appellee, ) ) v. ) ) Appeal No. 3-25-0509 KAREN SWINFORD, Individually, and ) Circuit No. 24-LA-1010 MINDFUL LIFE OF ARLINGTON ) HEIGHTS, LLC, d/b/a ANYTIME ) FITNESS, an Illinois Limited Liability ) Company, ) The Honorable ) David E. Schwartz, Defendants-Appellants. ) Judge, Presiding. _____________________________________________________________________________

JUSTICE PETERSON delivered the judgment of the court. Justices Holdridge and Brennan concurred in the judgment. _____________________________________________________________________________

ORDER

¶1 Held: The trial court: (1) correctly found that plaintiff had reasonably attempted to mitigate damages; (2) erred in finding that defendant Swinford’s guaranty ended in May 2024, rather than May 2023, and granting plaintiff’s motion for partial summary judgment on that issue, and denying Swinford’s cross-motion; (3) erred in assessing damages and attorney fees against Swinford based upon a May 2024 expiration date of Swinford’s guaranty; and (4) was unclear in its damages and attorney fees ruling as to whether it intended for interest and attorney fees that accrued after the end date of Swinford’s guaranty to be assessed against Swinford. The appellate court, therefore: (1) affirmed the trial court’s finding that plaintiff had reasonably attempted to mitigate damages; (2) concluded that Swinford’s guaranty ended in May 2023; (3) reversed the trial court’s grant of plaintiff’s motion for partial summary judgment on that issue and granted Swinford’s cross- motion; and (4) vacated the trial court’s damages and attorney fees awards and remanded for the trial court to recalculate those awards. Affirmed in part, reversed in part, and vacated in part. Cause remanded with directions.

¶2 Plaintiff, Pal Win Retail Investors, LLC, filed a civil lawsuit against defendants, Karen

Swinford and Mindful Life of Arlington Heights, LLC, for breach of a commercial lease and

personal guaranty agreement. During pretrial proceedings, the parties filed cross-motions for

partial summary judgment to have the trial court determine whether Swinford’s obligations under

the guaranty agreement ended in May 2023, as claimed by Swinford, or May 2024, as claimed

by plaintiff. The trial court ruled in plaintiff’s favor and granted plaintiff’s motion for partial

summary judgment on that issue. Swinford filed a motion to reconsider, which the trial court

denied. The case proceeded to a bench trial with the issue of liability not in dispute. The trial

court found in plaintiff’s favor on both of plaintiff’s claims, determined that plaintiff had

reasonably attempted to mitigate damages, and awarded damages, attorney fees, and costs to

plaintiff. Defendants appeal. We affirm the trial court’s judgment in part, reverse the trial court’s

judgment in part, vacate the trial court’s judgment in part, and remand this case with directions

for further proceedings.

¶3 I. BACKGROUND

¶4 In May 2016, defendant, Mindful Life of Arlington Heights, LLC (Mindful Life), entered

into a written commercial lease to rent certain retail space in a shopping center in Arlington

Heights, Illinois, from plaintiff to be used for the operation of an Anytime Fitness franchise. The

lease was signed on May 26, 2016, by defendant Swinford as president of Mindful Life and on

June 20, 2016, by a representative or member of plaintiff. The lease was 26 pages long, not

2 counting the exhibits that were attached to and made part of the lease, and contained several

provisions. The term of the lease was for approximately 10 years with several options to renew

and was supposed to start running on the “Commencement Date” of the lease. The minimum rent

or base rent of the lease was $7,000 per month during the first five years of the lease and

approximately $7,600 per month during the second five years. In addition to the base rent,

Mindful Life was required to pay a portion of the common area maintenance (CAM), property

taxes, and insurance for the property and a $7,000 security deposit. The lease also contained a

provision that stated that plaintiff’s failure to relet the premises in the event of a default did not

release Mindful Life’s liability for damages and a provision that allowed either party to recover

reasonable costs and attorney fees that were incurred in enforcing the lease.

¶5 Because plaintiff was going to have to complete a substantial buildout of the property to

make it suitable for Mindful Life’s contemplated business, Mindful Life was not going to be able

to take possession of the property right away. For that reason, some of the important dates listed

in the lease were not specifically stated and were described in more general terms. The

“Possession Date” in the lease was listed as “[u]pon completion of [l]andlord’s [w]ork and

issuance of the certificate of occupancy for the Premises”; the “Commencement Date” was listed

as being the “[s]ame as [the] Possession Date”; the “Rent Commencement Date” was listed as

“commenc[ing] the 1st day of the fifth (5th) month following the Commencement Date”; and the

“[Lease] Expiration Date” was listed as being “[o]ne hundred twenty (120) months and any

partial month from the Rent Commencement Date.”

¶6 Several exhibits were attached to the lease and were specifically incorporated into and

made part of the lease. One such exhibit was a personal guaranty agreement that was signed by

Swinford in her individual capacity as guarantor the day after she had signed the lease on behalf

3 of Mindful Life. Among other things, the guaranty agreement provided that: (1) it related to “that

certain [l]ease *** with an Effective Date of 26 May, 2016,” made by and between Mindful Life

and plaintiff; (2) plaintiff was unwilling to enter into the lease without the guaranty; (3) the

guaranty was for “the first seven (7) years of the [l]ease”; (4) in addition to absolutely and

unconditionally guaranteeing the payment of rent and other sums under the lease, Swinford also

guarantied “the punctual and full performance and observance of all other terms, covenants,

conditions, and agreements of the [l]ease”; (5) Swinford’s obligations under the guaranty

agreement could not be terminated, affected, or impaired by any changes, modifications, or

amendments to the lease or by any extension or renewal of the lease term; (6) in the event of a

default, plaintiff was not required to proceed first against Mindful Life before it proceeded

against Swinford as the guarantor; and (7) plaintiff could recover its reasonable costs and

attorney fees if it had to take action to enforce the guaranty agreement or to protect its rights.

¶7 In July 2017, plaintiff and Mindful Life executed a commencement date agreement that

set May 20, 2017, as the “Possession Date” and “Commencement Date” referred to in the lease;

May 27, 2018, as the “Rent Commencement Date”; and May 31, 2028, as the “Lease Expiration

Date.”

¶8 In August 2020, due to the negative financial impact of the COVID-19 pandemic,

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Pal Win Retail Investors, LLC v. Swinford, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pal-win-retail-investors-llc-v-swinford-illappct-2026.