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LARKIN BANK v. ISHAK

No. 75-535.

43 Ill. App.3d 918 (1976)

357 N.E.2d 840

THE LARKIN BANK, Plaintiff-Appellee, v. MAMDOUH L. ISHAK et al., Defendants-Appellants.

Appellate Court of Illinois — Second District (1st Division).

Opinion filed November 30, 1976.

Attorney(s) appearing for the Case

Juergensmeyer, Zimmerman & Smith, of Elgin, and Eugene Lieberman and Steven Stern, both of Stern & Hellman, of Chicago, for appellants.

Harry Schaffner, of Schaffner & Ariano, of Elgin, for appellee.

Reversed and remanded.

Mr. PRESIDING JUSTICE GUILD delivered the opinion of the court:

The defendant herein appeals from a judgment order of the trial court awarding the sum of $1550 as attorney's fees in a confession of judgment action.

On January 7, 1975, defendants signed a note as guarantors containing a confession of judgment clause, bearing interest at the rate of 11% per annum from January 9, 1975, and due 180 days after that date. The note...

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