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SECURITY PAC. FIN. SERV. v. JEFFERSON

Nos. 1-92-3935, 1-93-0873.

632 N.E.2d 299 (1994)

259 Ill. App.3d 914

198 Ill.Dec. 240

SECURITY PACIFIC FINANCIAL SERVICES, Plaintiff-Appellee, v. Cynthia JEFFERSON et al., Defendants and Counterclaimants (Security Pacific Financial Services, Inc., et al., Counterdefendants; Cynthia Jefferson et al., Defendants-Appellants).

Appellate Court of Illinois, First District, Fifth Division.

March 31, 1994.

Attorney(s) appearing for the Case

Law Offices of Daniel A. Edelman, Chicago (Daniel A. Edelman, of counsel), Lawrence Walner & Associates, Ltd., Chicago (Lawrence Walner, of counsel), for appellants.

Peter Carey, Chicago (Peter Carey, of counsel), Michael G. Connelly, Chicago (Michael G. Connelly, of counsel), for appellee.

Justice COUSINS delivered the opinion of the court:

On February 6, 1991, following extensive litigation and negotiations between counsel for Cynthia Jefferson, Dennis Jefferson, and other class plaintiffs (Counterplaintiffs) and Security Pacific Financial Services, Inc., Community Bank of Greater Peoria, and Federal Home Loan Mortgage Corp. (Community Bank or Bank), the trial court entered an order approving a class settlement agreement entered into between the parties...

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