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KATZ v. BELMONT NATIONAL BANK

No. 61771.

112 Ill.2d 64 (1986)

491 N.E.2d 1157

ARTHUR KATZ, Appellee, v. BELMONT NATIONAL BANK OF CHICAGO, Appellant.

Supreme Court of Illinois.

Opinion filed April 4, 1986.

Attorney(s) appearing for the Case

David A. Weininger, of Teitelbaum, Wolfberg, Guild & Toback, P.C., of Chicago (Gregory L. Tumbarello, of counsel), for appellant.

No appearance for appellee.

Appellate court reversed; circuit court affirmed.

CHIEF JUSTICE CLARK delivered the opinion of the court:

Arthur Katz, doing business as Montrose Municipal Market, brought this class action suit against defendant, Belmont National Bank. The class action was filed by Katz to recover funds that were deposited in the bank by Controls For Industry, Inc. (CFI). CFI provided payroll services to small businesses like Katz...

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