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BD. OF MANAGERS v. GLENVIEW STATE BK.

No. 1-88-2307.

193 Ill. App.3d 1057 (1989)

551 N.E.2d 996

BOARD OF MANAGERS OF OLD WILLOW FALLS CONDOMINIUM ASSOCIATION, Plaintiff-Appellant, v. GLENVIEW STATE BANK, Defendant-Appellee (New Prospect Development Corporation et al., Defendants). — GLENVIEW STATE BANK, Plaintiff-Appellee, v. BOARD OF MANAGERS OF OLD WILLOW FALLS CONDOMINIUM ASSOCIATION, Defendant-Appellant (First National Bank and Trust Company of Evanston et al., Defendants).

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

Rehearing denied March 12, 1990.

Modified on denial of rehearing March 19, 1990.

Attorney(s) appearing for the Case

Marshall N. Dickler, Ltd., of Arlington Heights (Marshall N. Dickler and S. Keith Collins, of counsel), for appellant.

Boorstein & Cohn, of Chicago (Elenie K. Huszagh and Lauren Newman, of counsel), for appellee.

Reversed and remanded.

PRESIDING JUSTICE BUCKLEY delivered the opinion of the court:

The Board of Managers of Old Willow Falls Condominium Association (the association) filed an eight-count complaint against several defendants to recover unpaid condominium assessments, damages for breach of fiduciary duty to the association during its condominium conversion, and other related causes of action. The instant appeal involves only defendant Glenview State Bank...

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