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FULTON STATE BANK v. DEUTZ-ALLIS CREDIT CORP.

No. 88 C 20137.

701 F.Supp. 151 (1988)

FULTON STATE BANK, an Illinois banking corporation, Plaintiff/Counterdefendant, v. DEUTZ-ALLIS CREDIT CORP., a Delaware corporation, Defendant/Counterplaintiff.

United States District Court, N.D. Illinois, W.D.

November 30, 1988.

Attorney(s) appearing for the Case

Thomas J. Potter, Morrison, Ill., for plaintiff/counterdefendant.

Scott M. Boyd, Rockford, Ill., for Deutz-Allis Credit Corp.

Bernard J. Natale, Rockford, Ill., for Kenneth G. Schipper, debtor.

MEMORANDUM AND ORDER

ROSZKOWSKI, District Judge.

This action comes before the Court on cross-motions for summary judgment. On the basis of the briefs submitted, the supporting affidavits and deposition material, and for the reasons set forth below, the Court grants plaintiff Fulton State Bank's motion for summary judgment in part and grants defendant Deutz-Allis Credit Corporation's motion for summary judgment in part.

BACKGROUND

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