STERLING NAT. BANK v. BLOCK

Nos. 19-2300 19-3122 19-3235.

984 F.3d 1210 (2021)

STERLING NATIONAL BANK, Plaintiff/Counterclaim Defendant-Appellant/Cross-Appellee, v. Bernard N. BLOCK, et al., Defendants/Counterclaim Plaintiffs-Appellees/Cross-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided January 5, 2021.


Attorney(s) appearing for the Case

Peter C. Harvey , Attorney, PATTERSON, BELKNAP, WEBB & TYLER LLP, New York, NY, Paula Enid Litt , Attorney, Dennis Abdelnour , Attorney, HONIGMAN LLP, Chicago, IL, for Plaintiff-Appellant in 19-2300 and 19-3122.

George Desh , Attorney, Bruce N. Menkes , Attorney, MANDELL MENKES, LLC, Chicago, IL, for Defendants-Appellees in 19-2300 and 19-3122.

Peter C. Harvey , Attorney, PATTERSON, BELKNAP, WEBB & TYLER LLP, New York, NY, for Plaintiff-Appellant in 19-3235.

Bruce N. Menkes , Attorney, MANDELL MENKES, LLC, Chicago, IL, for Defendants-Appellees in 19-3235.

Before Sykes, Chief Judge, and Hamilton and St. Eve, Circuit Judges.


In 2015, plaintiff Sterling National Bank purchased the Damian Services Corporation from its prior owners (the defendant Sellers). The stock purchase agreement set up an escrow of two million dollars available to resolve disputes that might arise after the purchase. The parties dispute here the right to the escrowed money...

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