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BANK OF CHICAGO-GARFIELD RIDGE v. PARK NAT. BANK

No. 1-91-3096.

606 N.E.2d 72 (1992)

237 Ill. App.3d 1085

179 Ill.Dec. 240

BANK OF CHICAGO-GARFIELD RIDGE, formerly known as Garfield Ridge Trust & Savings Bank, an Illinois banking corporation, Plaintiff-Appellant, v. PARK NATIONAL BANK, a national association, Defendant-Appellee.

Appellate Court of Illinois, First District, Second Division.

Rehearing Denied January 7, 1993.

Attorney(s) appearing for the Case

Holleb & Coff, Chicago (Paul T. Fox, Lori A. Goldstein and Stuart N. Rappaport, of counsel), for plaintiff-appellant.

Jones, Day, Reavis & Pogue, Chicago (James R. Daly, Irene Savanis and Nancy A. Tanck, of counsel), for defendant-appellee.

Presiding Justice HARTMAN delivered the opinion of the court:

This is an appeal pursuant to a Supreme Court Rule 304(a) (134 Ill.2d R. 304(a)) certification. Plaintiff, Bank of Chicago-Garfield Ridge (Garfield), brought suit in chancery against defendant, Park National Bank (Park), for damages and other relief arising from the alleged breach of a loan participation agreement. During the pendency of this suit, Garfield repurchased Park's interest in an unrelated loan...

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