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FIRST MIDWEST BANK v. STEWART TITLE GUAR.

No. 100162.

843 N.E.2d 327 (2006)

218 Ill.2d 326

FIRST MIDWEST BANK, N.A., Appellant, v. STEWART TITLE GUARANTY COMPANY, Appellee.

Supreme Court of Illinois.

January 20, 2006.

Attorney(s) appearing for the Case

Stephen G. Daday, Wayne B. Giampietro and Shannon B. Rigby, of Stitt, Klein, Daday, Aretos & Giampietro. L.L.C., Arlington Heights, for appellant.

Maurice P. Raizes, J. Michael Williams and Cheryl A. Perry of Cohon Raizes & Regal, L.L.P., Chicago, for appellee.

Sidley Austin Brown & Wood, L.L.P., Chicago (Gerard D. Kelly and Lisa A. Hausten, of counsel), for amicus curiae American Land Title Association.

OPINION

Justice McMORROW delivered the judgment of the court, with opinion:

In this appeal we are asked to decide whether the plaintiff, First Midwest Bank (First Midwest), may recover economic losses from defendant, Stewart Title Guaranty Company (Stewart Title), in a suit for negligent misrepresentation based on Stewart Title's issuance of a title commitment and policy of title insurance. The circuit court of Cook County held that First Midwest could not...

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