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INLAND MORTG. CAPITAL v. CHIVAS RETAIL PARTNERS

No. 11 C 6482.

884 F.Supp.2d 702 (2012)

INLAND MORTGAGE CAPITAL CORPORATION, Plaintiff, v. CHIVAS RETAIL PARTNERS, LLC, et al., Defendants.

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

August 3, 2012.

Attorney(s) appearing for the Case

William J. McKenna, Jr. , Thomas Charles Hardy , Foley & Lardner, Chicago, IL, for Plaintiff.

James Kenneth Borcia , Tressler LLP, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER1

MILTON I. SHADUR, Senior District Judge.

Inland Mortgage Capital Corp. ("Inland") loaned Harbins Crossing TC, LLC ("Harbins") $59,670,000 (I. St. ¶ 8). Harbins used the money to build a retail shopping center in Gwent County, Georgia (a part of metropolitan Atlanta) (id. ¶ 10). Inland secured the loan by executing a security deed on the property (id. ¶ 9...

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