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SLOVICK v. ALL AMERICAN BANK

No. 86-1445.

163 Ill. App.3d 741 (1987)

516 N.E.2d 947

EDWARD SLOVICK et al., Plaintiffs-Appellants and Cross-Appellees, v. ALL AMERICAN BANK OF CHICAGO, Defendant-Appellee and Cross-Appellant (Colonial Bank & Trust Company of Chicago, Defendant).

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

Opinion filed November 30, 1987.

Attorney(s) appearing for the Case

James S. Gordon, Ltd., of Chicago (Ira Bodenstein, of counsel), for appellants.

Greenberg, Keele, Lunn & Aronberg, of Chicago (Nathan H. Lichtenstein and Halbert O. Crews, of counsel), for appellee.

Affirmed in part, and reversed in part and remanded.

JUSTICE BUCKLEY delivered the opinion of the court:

Plaintiffs, Edward and Marilyn Slovick, brought this action against All American Bank (AAB) and Colonial Bank & Trust (CBT) to set aside the Uniform Commercial Code (UCC) foreclosure sale of a 100% beneficial interest in a land trust holding title to their family residence. Plaintiffs also alleged that CBT, their trustee, breached fiduciary duties it...

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