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MOVITZ v. FIRST NAT. BANK OF CHICAGO

Nos. 97-3761, 97-3818.

148 F.3d 760 (1998)

Louis A. MOVITZ, as Trustee, and Estock Corporation, N.V., Plaintiffs-Appellees, Cross-Appellants, v. FIRST NATIONAL BANK OF CHICAGO, Defendant-Appellant, Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided June 23, 1998.

Rehearing and Suggestion for Rehearing Denied August 25, 1998.

Attorney(s) appearing for the Case

Jerold S. Solovy, Jenner & Block, Chicago, IL, Peter Flynn (argued), Myron M. Cherry, Cherry & Flynn, Chicago, IL, for Louis A. Movitz in No. 97-3761 and Estock Corporation.

Kathleen M. McCarthy, Winston & Strawn, Chicago, IL, Lynn A. Goldstein, First National Bank of Chicago, Chicago, IL, James D. Dasso, Foley & Lardner, Chicago, IL, Marjorie P. Lindblom (argued), Kirkland & Ellis, New York City, for First National Bank of Chicago in No. 97-3761.

Peter Flynn (argued), Cherry & Flynn, Chicago, Il, for Louis A. Movitz in No. 97-3818.

Jerold S. Solovy, Jenner & Block, Chicago, Il, Peter Flynn, for Estock Corporation in No. 97-3818.

Before POSNER, Chief Judge, and BAUER and COFFEY, Circuit Judges.

Rehearing and Suggestion for Rehearing En Banc Denied August 25, 1998.*

POSNER, Chief Judge.

A jury awarded Estock Corporation some $3.3 million in damages in a diversity suit against the First National Bank of Chicago for breach of contract and of fiduciary duty. The bank appeals, and Estock cross-appeals seeking the addition of prejudgment interest to the judgment. The principal ground of appeal, and the only one we shall have...

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