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MATRIX IV, INC. v. AMERICAN NAT. BANK & TRUST CO.

Nos. 08-3917, 09-1321.

649 F.3d 539 (2011)

MATRIX IV, INCORPORATED, an Illinois Corporation, Plaintiff-Appellant/Cross-Appellee, v. AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, an Illinois Banking Association, Defendant-Appellee, and Gateway Park, an Illinois Limited Liability Company, Defendant-Appellee/Cross-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided July 28, 2011.

Attorney(s) appearing for the Case

Anthony S. DiVincenzo , Attorney, DiVincenzo Schoenfield Swartzman , Robert W. Queeney (argued), Chicago, IL, for Plaintiff-Appellant/Cross-Appellee Matrix IV, Incorporated.

Christopher K. Meyer , Melanie E. Walker (argued), Sidley Austin LLP, Chicago, IL, for Defendant-Appellee American National Bank and Trust Company of Chicago.

Daniel J. Zollner (argued), Attorney, Dykema Gossett , Chicago, IL, for Defendant-Appellee/Cross-Appellant Gateway Park.

Before BAUER and SYKES, Circuit Judges, and GRIESBACH, District Judge.

SYKES, Circuit Judge.

This appeal raises questions about the preclusive effect of judgments rendered by a bankruptcy court on later litigation between creditors and a company affiliated with the debtor. Matrix IV, Inc. ("Matrix"), a plastics manufacturer, sued American National Bank and Trust Company of Chicago ("ANB")1 and Gateway Park LLC ("Gateway") alleging claims for violation of RICO and...

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