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INB NAT. BANK v. 1ST SOURCE BANK

No. 50A03-9007-CV-312.

567 N.E.2d 1200 (1991)

INB NATIONAL BANK, Defendant-Appellant, v. 1ST SOURCE BANK, and Indiana Employment Development Commission, Plaintiffs-Appellees.

Court of Appeals of Indiana, Third District.

March 21, 1991.

Attorney(s) appearing for the Case

Max W. Hittle, Jr., Jeffrey C. McDermott, Kevin W. Betz, Krieg DeVault Alexander & Capehart, Indianapolis, for defendant-appellant.

F. Richard Kramer, Michael C. Murphy, Kramer, Butler, Simeri, Konopa & Laderer, South Bend, Robert L. McLaughlin, Jeffrey L. McKean, Wooden, McLaughlin & Sterner, Indianapolis, for plaintiffs-appellees.

GARRARD, Judge.

By this appeal INB National Bank seeks to have this court utilize the provisions of Appellate Rule 4(E) to permit interlocutory appeals not otherwise permitted by A.R. 4(B).

1st Source Bank granted a letter of credit to back up an economic development bond issue for financing a new manufacturing facility in South Bend. The bonds were sold and INB agreed to act as trustee under a trust indenture to distribute the bond proceeds and protect the...

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