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NORTHERN TRUST v. VIII SOUTH MICH. ASSOC.

No. 1-94-1883.

657 N.E.2d 1095 (1995)

276 Ill.App.3d 355

212 Ill.Dec. 750

The NORTHERN TRUST COMPANY, Plaintiff-Appellee, v. VIII SOUTH MICHIGAN ASSOCIATES, Eight South Development Corp., James R. Loewenberg, Marvin Fitch, Paul Cocose and William Cocose, Defendants-Appellants.

Appellate Court of Illinois, First District, Fifth Division.

Rehearing Denied December 18, 1995.

Attorney(s) appearing for the Case

Kamensky & Rubinstein, Lincolnwood, Gary A. Weintraub, James A. Chatz and Barry A. Chatz, for Eight South Development Corp., James R. Loewenberg and Marvin Fitch, defendants-appellants.

Vurdelja & Heaphy, Chicago, George N. Vurdelja, Jr., for Eight South Development Corp., Paul Cocose and William Cocose.

Seyfarth, Shaw, Fairweather & Geraldson, Chicago, John H. Anderson and Gus A. Paloian, for appellee.

Justice McNULTY delivered the opinion of the court:

Plaintiff the Northern Trust Company (Northern) brought suit against defendants VIII South Michigan Associates, Eight South Development Corporation, James Loewenberg, Marvin Fitch, Paul Cocose and William Cocose, seeking foreclosure on a building located at 8 South Michigan Avenue as well as money damages. Eight South Development Corporation, Loewenberg, Fitch and the Cocoses brought counterclaims and affirmative...

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