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BLAIR v. BANK ONE, N.A.

Civ. No. 03 C 3095, 03 C 6948 and 03 C 8914.

307 B.R. 906 (2004)

John BLAIR, et al., Appellants, v. BANK ONE, N.A., Appellee. Comdisco, et al., Appellants, v. Bank One, N.A., Appellee.

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

March 29, 2004.

Attorney(s) appearing for the Case

Champ W. Davis, Jr., Gini S. Marziani, Julia Dee Mannix, John B. Alsterda, Davis, Mannix & McGrath, Chicago, IL, for Appellant.

Lawrence R. Desideri, Winston & Strawn LLP, Chicago, IL, for Appellee.

Daniel Patrick Dawson, Nisen & Elliott, William J. Raleigh, Elena Gallo, Raleigh & Cahill, P.C., Chicago, IL, for Debtor, Comdisco Inc.

MEMORANDUM OPINION AND ORDER

BUCKLO, District Judge.

In July 1997, representatives of First National Bank of Chicago, predecessor in interest to appellee Bank One, N.A. ("Bank One"), approached appellant Comdisco Holding Company, Inc. ("Comdisco") with a proposal for a shared incentive investment plan ("SIP").1 Under the SIP, Bank One would provide loans to select Comdisco employees for purchase of Comdisco shares. Bank...

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