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FIRST NAT. BANK OF ELGIN v. NILLES

Nos. 82 C 6968, 82 B 1819.

35 B.R. 409 (1983)

The FIRST NATIONAL BANK OF ELGIN, Appellant, v. Robert A. NILLES, Appellee.

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

December 12, 1983.

Attorney(s) appearing for the Case

Brady, McQueen, Martin, Collins & Jensen, Elgin, Ill., for appellant.

Norman L. Sider, Chicago, Ill., for appellee.

MEMORANDUM OPINION

GRADY, District Judge.

This is an appeal from an order of the bankruptcy court entering judgment for appellee Robert Nilles ("Nilles") and against appellant First National Bank of Elgin (the "Bank").

FACTS

The uncontested facts are that Nilles borrowed $28,000.00 from the Bank on February 13, 1981. A loan officer of the Bank had told Nilles, to whom the Bank had made loans on previous occasions, that Nilles would have to...

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