FIRST NAT. BANK OF CICERO v. U.S.

No. 83 C 2459.

664 F.Supp. 1169 (1987)

FIRST NATIONAL BANK OF CICERO, Plaintiff, v. UNITED STATES of America, et al., Defendants.

United States District Court, N.D. Illinois.

June 23, 1987.


Attorney(s) appearing for the Case

Richard W. Burke, Michael P. Mullen, Tom W. Stonecipher, Stephen C. Voris, Burke, Griffin, Chomicz & Wienke, Chicago, Ill., for plaintiff.

Andrew F. Sears, David L. Carden, Coffield, Ungaretti, Harris & Slavin, Edward J. Moran, Asst. U.S. Atty., Chicago, Ill., for defendants.


MEMORANDUM AND ORDER

MORAN, District Judge.

Plaintiff First National Bank of Cicero continues its suit to establish bona fide purchaser status in regard to over $2,000,000 worth of stolen securities against the victims of the theft, despite the complicity of its senior loan officer, William Giova, in at least some parts of the scheme to turn the stolen bonds and stock certificates into collateral for loans. The bank's persistence, and creativity in asserting...

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