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GRAUE MILL DEV. CORP. v. COLONIAL BANK & TRUST CO.

No. 90-1248.

927 F.2d 988 (1991)

GRAUE MILL DEVELOPMENT CORPORATION, Plaintiff-Appellant, v. COLONIAL BANK & TRUST COMPANY OF CHICAGO, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided March 20, 1991.

Attorney(s) appearing for the Case

Thomas J. Magill, Daniel T. Schibley, Burke, Wilson & McIlvaine, David I. Grund, Robert M. Knabe, Grund, Marcus & McNish, Chicago, Ill., for plaintiff-appellant.

Nathan H. Lichtenstein, Elizabeth Sullivan, Halbert O. Crews, Greenberg, Keele, Lunn & Aronberg, Chicago, Ill., for defendant-appellee.

Before FLAUM, RIPPLE and KANNE, Circuit Judges.

FLAUM, Circuit Judge.

Graue Mill Development Corporation (Graue Mill) filed suit against its lender, Colonial Bank & Trust (Colonial) in district court, alleging that Colonial violated the anti-tying provision of the Bank Holding Company Act as well as the RICO statutes in its dealings with Graue Mill concerning a troubled condominium development project. The district court dismissed Graue Mill's action for failure to state a claim under the relevant statutes...

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