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FEDERAL DEPOSIT INSUR. CORP. v. MARIS

No. 82-3111.

121 Ill. App.3d 894 (1984)

460 N.E.2d 367

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff-Appellee, v. GEORGE MARIS et al., Defendants-Appellants.

Appellate Court of Illinois — First District (2nd Division).

Opinion filed February 7, 1984.

Attorney(s) appearing for the Case

Sapoznick, Sheridan & Freidin, of Chicago (John C. Vojta, of counsel), for appellants.

Frederic J. Artwick and Richard J. O'Brien, both of Sidley & Austin, of Chicago, and Thomas Brooks and Ralph Frable, both of Federal Deposit Insurance Corporation, of Washington, D.C., for appellee.

Reversed and remanded.

JUSTICE PERLIN delivered the opinion of the court:

On June 9, 1980, the Des Plaines Bank (Bank) brought suit in the circuit court of Cook County to recover from George and Glenda Maris (husband and wife) (defendants) and Louis Kucharis1 loans made to Stacy Industries, Inc. (Stacy), and represented by three promissory notes alleged to have been personally guaranteed by defendants. On May 21, 1981, the Federal...

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