Where a U.S. District Court ignored a drop-dead date in a contract when issuing a preliminary injunction, the injunction was vacated and the case was remanded for determination of damages.The 7th U.S. Circuit Court of Appeals reversed a decision by U.S. District Judge John Z. Lee.BankDirect Capital Finance and Capital Premium Financing both participate in the business of granting loans to finance insurance premiums. In 2010, Capital Premium exhausted the line of credit that funded its operations. It approached BankDirect …