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FEDERAL S. & L. INS. CORP. v. PSL RLTY. CO.

Nos. 79-2134, 79-2211, 79-2212 and 79-2302.

630 F.2d 515 (1980)

FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, an agency of the United States of America, Plaintiff-Appellee, v. PSL REALTY CO., a corporation, et al., Defendants-Appellees, Granite Investment Company, a limited partnership; James C. Green; Capitol Indemnity Corporation, a corporation; and Howard Steele Construction Co., Defendants-Appellants, The Hon. Charles E. Jones; The Hon. John M. Karnes; The Hon. George W. Kasserman, Jr.; and all other Justices of the Illinois Appellate Court For the Fifth District; The Hon. Victor J. Mosele, and all Judges of the Third Judicial Circuit of Illinois, Appellants.

United States Court of Appeals, Seventh Circuit.

Decided September 12, 1980.

As Amended September 19, 1980.

Rehearing and Rehearing Denied December 23, 1980.

Attorney(s) appearing for the Case

Rex Carr, E. St. Louis, Ill., A. L. Zimmer, Asst. Atty. Gen., Springfield, Ill., for defendants-appellants.

Robert W. Patterson, Chicago, Ill., for plaintiff-appellee.

Before SWYGERT, CUMMINGS and BAUER, Circuit Judges.

Rehearing and Rehearing En Banc Denied December 23, 1980.

BAUER, Circuit Judge.

These consolidated appeals present for review a decade of litigation, whose odyssean journey through the various state and federal courts sitting in Illinois was ultimately destined on a collision course between the two court systems and which achieved that destiny in a rather dramatic interim finale when, on October 2, 1979, the United...

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