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CONT. ILL. NAT'L BK & TR. CO. v. LENCKOS

No. 81-962.

115 Ill. App.3d 538 (1983)

450 N.E.2d 844

CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO et al., Plaintiffs-Appellees, v. DANIEL J. LENCKOS, Acting Director of the Illinois Department of Revenue et al., Defendants-Appellants.

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

Rehearing denied July 11, 1983.

Attorney(s) appearing for the Case

Tyrone C. Fahner, Attorney General, and Lloyd B. Foster, of Illinois Department of Revenue, both of Chicago (John D. Whitenack, Special Assistant Attorney General, of counsel), for appellants.

Edward C. Rustigan and Martin G. Rosenstein, both of Mayer, Brown & Platt, of Chicago, for appellees.

Reversed and remanded.

JUSTICE CAMPBELL delivered the opinion of the court:

Plaintiffs, Continental Illinois National Bank and Trust Company of Chicago (hereinafter the bank), a corporation, and seven subsidiary corporations, Continental Illinois Corporation, Continental Illinois Leasing Corporation, Marina City Building Corporation, Cobak Corporation, Continental Illinois (Delaware) Limited, Continental Illinois Overseas Service Corporation, and Continental...

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