NORTHWESTERN NAT. INS. CO. v. MAGGIO

No. 92-1037.

976 F.2d 320 (1992)

NORTHWESTERN NATIONAL INSURANCE COMPANY, Plaintiff-Appellee, v. Anthony J. MAGGIO, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided September 23, 1992.


Attorney(s) appearing for the Case

John A. Rothstein, Richard C. Ninneman (argued), Quarles & Brady, Milwaukee, Wis., for plaintiff-appellee.

David M. Kozak, Jerry L. Cochran (argued), Cheifetz, Pierce, Cochran, Kozak & Mathew, Phoenix, Ariz., for defendant-appellant.

Before POSNER and KANNE, Circuit Judges, and ESCHBACH, Senior Circuit Judge.


POSNER, Circuit Judge.

This diversity suit on a promissory note was brought by Northwestern National Insurance Company against the note's maker, Anthony Maggio. The district court, holding that Northwestern was a holder in due course and had therefore taken the note free of any defenses Maggio might have had to a suit by the promisee, gave judgment for Northwestern on the latter's motion for summary judgment.

In 1981 Maggio had purchased a limited partnership...

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