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FIRST TR. & SAV. BANK v. SKOKIE FED. S. & L. ASS'N

No. 83-1318.

126 Ill. App.3d 42 (1984)

466 N.E.2d 1048

THE FIRST TRUST AND SAVINGS BANK et al., Plaintiffs-Appellants, v. SKOKIE FEDERAL SAVINGS AND LOAN ASSOCIATION, Defendant-Appellee.

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

Opinion filed June 25, 1984.

Attorney(s) appearing for the Case

Edward A. Berman, of Berman, Roberts & Kelly, of Chicago, for appellant.

Stephen P. Kikoler and Gerald Prokopowicz, both of Rosenthal & Schanfield, of Chicago, for appellee.

Judgment affirmed.

JUSTICE McGLOON delivered the opinion of the court:

This is an appeal from a summary judgment order granted in favor of defendant Skokie Federal Savings and Loan Association (Skokie Federal) against First Trust and Savings Bank of Glenview (First Trust).

We affirm.

In October 1978, Skokie Federal loaned Spanish Court II, Ltd. (Spanish Court), $2,400,000 to finance the construction of a 32-unit condominium in Highland Park...

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