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CITICORP REAL ESTATE v. CADILLAC FAIRVIEW CORP.

No. 94 C 5530.

877 F.Supp. 443 (1995)

CITICORP REAL ESTATE, INC., a Delaware corporation, Plaintiff, v. The CADILLAC FAIRVIEW CORPORATION LIMITED, an Ontario corporation; and Cadillac Fairview, Inc., an Ontario corporation, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

February 28, 1995.

Attorney(s) appearing for the Case

Eric A. Oesterle, Richard M. Hoffman, Chicago, IL, for plaintiff.

Stephen Novack, P. Andrew Fleming, Sandra E. Raitt, Chicago, IL, for defendants.

ORDER

BUCKLO, District Judge.

In this action, plaintiff, Citicorp Real Estate, Inc. ("Citicorp"), seeks to enforce the terms of guarantees signed by defendants, The Cadillac Fairview Corporation Limited ("CFCL") and Cadillac Fairview Inc. ("CFI"). Plaintiff alleges that defendants became liable for $3,500,000 plus interest when Cadillac Fairview U.S., Inc. ("CFUS") failed to pay that amount on March 15, 1994. Plaintiff alleges jurisdiction under 28...

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