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NAT. BANK OF MONMOUTH v. MULTI NAT. INDUSTRIES, INC.

No. 3-95-0763.

678 N.E.2d 7 (1997)

286 Ill. App.3d 638

222 Ill.Dec. 600

NATIONAL BANK OF MONMOUTH, Plaintiff-Appellee, v. MULTI NATIONAL INDUSTRIES, INC., Monty P. McClellan, Defendants-Appellants (Marsha Fesler Newman, Garnishee).

Appellate Court of Illinois, Third District.

February 27, 1997.

Attorney(s) appearing for the Case

Robert M. Musselman (argued), Charlottesville, VA, for Monty P. McClellan, Marsha Fesler Newman, Multi National Industries, Inc.

Richard L. Whitman, Sr. (argued), Stansell, Whitman & Baber, Monmouth, for National Bank of Monmouth.

Justice LYTTON delivered the opinion of the court:

This case involves an intricate maze of legal maneuvering in the state and federal courts. We are now faced with putting the final piece of this puzzle into place.

PROCEDURAL HISTORY

Monty P. McClellan is a physician who worked at the M & S Medical Center, S.C. (Center). He had a vested interest in the Center's pension and profit-sharing qualified plans (plan); the plan was subject to...

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