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LANIGAN v. APOLLO SAVINGS

No. 60911.

30 Ill. App.3d 781 (1975)

332 N.E.2d 591

JOHN J. LANIGAN, Successor to Justin Hulman, Commissioner of Savings and Loan Associations, Plaintiff-Appellee, v. APOLLO SAVINGS, Defendant-Appellant.

Appellate Court of Illinois — First District (3rd Division).

July 17, 1975.

Attorney(s) appearing for the Case

Jacob H. Martin and Sydney G. Craig, both of Martin, Craig, Chester and Sonnenschein, of Chicago, for appellant.

Thomas R. Mulroy, Michael F. Duhl, and John L. Rogers III, all of Hopkins, Sutter, Owen, Mulroy & Davis, of Chicago, for appellee.

Order affirmed.

Mr. JUSTICE DEMPSEY delivered the opinion of the court:

This is an appeal from an order approving a fourth liquidating distribution of the Apollo Savings receivership estate. The receiver, the Federal Savings and Loan Insurance Corporation (FSLIC) presented its planned distribution to the circuit court for approval and several permanent reserve shareholders of Apollo objected that the distribution should be delayed as to one creditor, the FSLIC...

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