ALCOA BLDG. PRODUCTS v. LaSALLE NAT'L BK.

No. 77-720.

62 Ill. App.3d 510 (1978)

379 N.E.2d 66

ALCOA BUILDING PRODUCTS, INC., Plaintiff-Appellant, v. LaSALLE NATIONAL BANK, Defendant-Appellee.

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

Rehearing denied August 8, 1978.


Attorney(s) appearing for the Case

Winston & Strawn, of Chicago (Calvin Sawyer and Michael T. Welch, of counsel), for appellant.

Liebling, Hauselman & Miller, Ltd., of Chicago, for appellee.


Reversed and remanded.

Mr. JUSTICE McGLOON delivered the opinion of the court:

Plaintiff Alcoa Building Products, Inc., sued defendant LaSalle National Bank, individually and as trustee, for failing to notify Alcoa of a foreclosure proceeding instituted against the res of a land trust. Alcoa claimed that LaSalle owed it this duty since LaSalle was aware that the beneficial interest in the trust had been assigned to Alcoa by the Elsters. LaSalle, on...

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