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BANK OF AMERICA, N.A. v. FREED

No. 1-11-3178.

971 N.E.2d 1087 (2012)

361 Ill. Dec. 565

BANK OF AMERICA, N.A., a National Banking Association, Successor by Merger to LaSalle Bank National Association, as Agent for Lenders, Plaintiff-Appellee, v. Laurance H. FREED and, DDL LLC, an Illinois Limited Liability Company, Defendants-Appellants.

Appellate Court of Illinois, First District, Second Division.

March 27, 2012.

Attorney(s) appearing for the Case

Bernstein Law Firm, Chicago ( Louis D. Bernstein , of counsel), Day & Robert, P.C., Naperville ( Scott M. Day , of counsel), for appellants.

Seyfarth Shaw LLP, Chicago ( John H. Anderson , Jerome F. Buch , of counsel), for appellee.

OPINION

Presiding Justice QUINN delivered the judgment of the court, with opinion.

¶ 1 Defendants, Laurance H. Freed and DDL LLC, appeal from an order of the circuit court holding them in civil contempt for transferring almost $5 million in violation of citations to discover assets served on them by plaintiff, Bank of America, N.A. (Bank), to enforce a $110,956,772 judgment and from an order appointing a receiver as a remedy for the finding of contempt...

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