PRIVATE BANK AND TRUST CO. v. EMS INVESTORS

No. 1-14-1689.

33 N.E.3d 892 (2015)

393 Ill. Dec. 148

2015 IL App (1st) 141689

The PRIVATE BANK AND TRUST COMPANY, Plaintiff-Appellee, v. EMS INVESTORS, LLC, Herbert P. Emmerman, and Equity Marketing Services, Inc., Defendant-Appellants.

Appellate Court of Illinois, First District, Third Division.

May 27, 2015.


Attorney(s) appearing for the Case

William T. Dwyer, Jr. , of O'Rourke, Hogan, Fowler & Dwyer, of Chicago, for appellants.

Jason M. Metnick and Monica J. Paine , both of Meltzer, Purtill & Stelle, LLC, of Chicago, for appellee.


OPINION

¶ 1 In the absence of a reservation of rights, co-borrowers contend that a lender's release and discharge of a third co-borrower regarding mortgages secured by property of the third co-borrower and others released and discharged them as well.

¶ 2...

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