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KASKEL v. NORTHERN TRUST CO.

No. 01-3771.

328 F.3d 358 (2003)

Dana KASKEL, Plaintiff-Appellant, v. NORTHERN TRUST CO., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided May 5, 2003.

Attorney(s) appearing for the Case

Clinton A. Krislov (argued), Krislov & Associates, Chicago, IL, Robert H. Osburn, Dallas, TX, for Plaintiff-Appellant.

James C. Schroeder (argued), William E. Deitrick, Mayer, Brown, Rowe & Maw, Chicago, IL, for Defendant-Appellee.

Before POSNER, MANION, and KANNE, Circuit Judges.

POSNER, Circuit Judge.

Dana Kaskel, a widow with five children, invested $250,000 of the proceeds of her late husband's life insurance policy with Martin, Livingston & Sterling, Ltd. in the form of a loan that MLS was to repay at the end of six weeks with interest at an annual rate of 8 percent. She wrote a check for $250,000 to MLS, and an agent of MLS named Forrester mailed the check to a Dr. Steven Shook. He was supposed to use it to obtain a $25 million loan...

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