NORTHBROOK TRUST & SAVINGS BANK v. PALOS BANK AND TRUST COMPANY

No. 80 C 4594.

505 F.Supp. 1002 (1981)

NORTHBROOK TRUST & SAVINGS BANK, Plaintiff, v. PALOS BANK AND TRUST COMPANY et al., Defendants.

United States District Court, N. D. Illinois, E. D.

January 21, 1981.


Attorney(s) appearing for the Case

Robert M. Kamm, Kamm & Shapiro, Chicago, Ill., for plaintiff.

Patricia A. Tauchert, Federal Reserve Bank, Chicago, Ill., for defendants.


MEMORANDUM OPINION AND ORDER

SHADUR, District Judge.

Plaintiff Northbrook Trust & Savings Bank ("Northbrook Bank") sues three defendants, including Federal Reserve Bank of Chicago ("Reserve Bank"), alleging the late return of a $4,635 check drawn on defendant Palos Bank and Trust Company and deposited by one of Northbrook Bank's customers in its checking account at Northbrook Bank. Reserve Bank removed Northbrook Bank's suit from the Circuit Court of...

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