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F.D.I.C. v. WABICK

No. 01 C 8674.

214 F.Supp.2d 864 (2002)

FEDERAL DEPOSIT INSURANCE CORPORATION, etc., Plaintiff, v. David J. WABICK, et al., Defendants.

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

August 2, 2002.

Attorney(s) appearing for the Case

Richard T. Aboussie, Charles L. Cope, Richard Foley, Federal Deposit Insurance Corporation, Washington, DC, David A. Beck, Federal Deposit Insurance Corporation, Dallas, TX, Steven A. Miller, Jeffrey H. Bergman, Max A. Stein, Sachnoff & Weaver, Ltd., Chicago, IL, for plaintiff.

David J. Stetler, Jonathan M. Cyrluk, Tyler C. Murray, Stetler & Duffy, Ltd., Chicago, IL, for Larry and Janelle Ettner.

Barry J. Freeman, Highland Park, IL, for David Wabick.

Kenneth W. Sullivan, Joel M. Carlins & Associates, Ltd., Chicago, IL, for Patricia Wabick.

Edith F. Canter, Law Offices of Edith F. Canter, Chicago, IL, for Lorraine Wabick.

MEMORANDUM OPINION AND ORDER

SHADUR, Senior District Judge.

Federal Deposit Insurance Corporation ("FDIC") has brought a four-count1 Second Amended Complaint ("SAC") against a group of defendants, claiming to have been the victim of a fraudulent scheme to obtain defaulted real estate loans in a sealed bid auction. Three defendants — David Wabick ("David"), Patricia...

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