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AMCORE BANK v. HAHNAMAN-ALBRECHT, INC.

No. 2-00-1462.

759 N.E.2d 174 (2001)

326 Ill. App.3d 126

259 Ill.Dec. 694

AMCORE BANK, N.A., Rock River Valley, n/k/a Amcore Bank, N.A., Plaintiff-Appellant, v. HAHNAMAN-ALBRECHT, INC., Dean Hamilton, Jeffrey Hamilton, David Von Holten, and Paul A. Rittmanic, Defendants (Grand Premier Trust and Investment, Inc., as Trustee of the Thomas F. Conley Trust dated September 1, 1988, Defendant-Appellee).

Appellate Court of Illinois, Second District.

November 14, 2001.

Attorney(s) appearing for the Case

Robert Lindstrom, Mustain, Lindstrom & Henson, Galesburg, Frank P. Maggio, Gregory A. Biegel, Maggio & Fox, PC, Rockford, for Amcore Bank N.A., Rock River Valley.

Michael L. Brody, R. Lee Grady Jr., Winston & Strawn, Chicago, for Grand Premier Trust and Investment, Inc., Hahnaman-Albrecht, Inc., Paul A. Rittmanic, David Von Holten.

Bradley T. Koch, Holmstrom & Kennedy, PC, Rockford, Patrick E. Ward, Ward & Ward, Dixon, for Dean Hamilton, Jeffrey Hamilton.

Justice CALLUM delivered the opinion of the court:

Plaintiff, Amcore Bank, N.A., lent $17 million to defendant, Hahnaman-Albrecht, Inc. (HAI). When HAI defaulted on the loan, plaintiff sued HAI and the individual guarantors, Dean Hamilton, Jeffrey Hamilton, Thomas Conley, David Von Holten, and Paul Rittmanic. Grand Premier Trust and Investment, Inc., as trustee of the Thomas F. Conley trust dated September 1, 1988, was substituted for Conley when he died. Conley's...

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