LANIGAN v. APOLLO SAVINGS

No. 61325.

40 Ill. App.3d 927 (1976)

353 N.E.2d 239

JOHN J. LANIGAN, Comm'r of Savings and Loan Associations, Plaintiff, v. APOLLO SAVINGS, Defendant. — (FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Claimant-Appellant, v. MARINO A. BERNARDI et al., Intervenors-Appellees.)

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

Opinion filed July 29, 1976.


Attorney(s) appearing for the Case

Thomas R. Mulroy and Michael F. Duhl, both of Hopkins, Sutter, Mulroy, Davis & Cromartie, of Chicago, for appellant.

Laser, Schostok, Kolman & Frank, of Chicago (Milton J. Kolman and Martin I. Becker, of counsel), for appellees.


Order reversed.

Mr. JUSTICE McNAMARA delivered the opinion of the court:

This appeal is one of several resulting from the default of Apollo Savings in 1968. Federal Savings and Loan Insurance Corporation (hereinafter "FSLIC") appeals from an order of the circuit court of Cook County denying FSLIC's motion to vacate or modify the court's order which granted pre-default statutory interest to the intervenor account holders payable on a pro rata basis with the...

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