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GE CAPITAL ASSET MGT. v. La PORTA

Nos. 2-93-0236, 2-93-0277.

628 N.E.2d 1195 (1994)

256 Ill. App.3d 546

195 Ill.Dec. 731

GE CAPITAL ASSET MANAGEMENT CORPORATION, Plaintiff-Appellee, v. Rocco La PORTA, Defendant-Appellant (Gary Wheaton Bank, as Trustee, et al., Defendants). GE CAPITAL ASSET MANAGEMENT CORPORATION, Plaintiff-Appellee, v. Rocco La PORTA, Defendant-Appellant (Gary Wheaton Bank, as Trustee, et al., Defendants).

Appellate Court of Illinois, Second District.

Rehearing Denied March 7, 1994.

Attorney(s) appearing for the Case

William A. Lester, Lombard, for Gary Wheaton Bank, Rocco La Porta, Old Second Community Bank, Darin Grubisic, Natanek Prperies, Ltd., Valley Insulation, Inc., Meyer Material Co., Tower Concrete and Building, and John Williams.

Lisa Arlyn Lowe, Jones, Ware & Grenard, Chicago, for GE Capital Asset Management Co.

Justice GEIGER delivered the opinion the court:

The defendant, Rocco La Porta, appeals from the trial courts' judgments of foreclosure. Those judgments favored the plaintiff, GE Capital Asset Management Corporation (GE Capital), successor in interest to the Resolution Trust Corporation (RTC). The defendant's primary arguments on appeal relate to whether the trial court erred in striking his affirmative defense of usury. We affirm.

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