ALLENSON v. HOYNE SAV. BANK

No. 1-93-3815.

651 N.E.2d 573 (1995)

272 Ill. App.3d 938

209 Ill.Dec. 395

Charles C. ALLENSON, Indiv. and on Behalf of All Others Similarly Situated, Plaintiff-Appellant, v. HOYNE SAVINGS BANK, f/k/a Hoyne Savings and Loan Association, Defendant-Appellee.

Appellate Court of Illinois, First District, Second Division.

May 23, 1995.


Attorney(s) appearing for the Case

Clinton A. Krislov, Jonathan Nachsin, Krislov & Associates, Ltd., Chicago, Dennis S. Nudo, Nudo, Poteracki & Associates, Rosemont, for appellant.

William B. Weidenaar, Timothy S. Breems, Paula M. Carstensen, Ruff, Weidenaar & Reidy, Ltd., Chicago, for appellee.


Justice DiVITO delivered the opinion of the court:

Plaintiff, Charles C. Allenson, filed this four-count class action against defendant, Hoyne Savings Bank (Hoyne), for misamortization of mortgage loan payments. The circuit court dismissed plaintiff's claim under the Racketeer Influenced and Corrupt Organization Act (RICO) (18 U.S.C. §§ 1961,1962 (1988)) for failure to allege facts sufficient to support such an action. For the following reasons, we reverse...

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