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KOENIG & STREY GMAC v. RENAISSANT 1000

Nos. 1-16-1783, 1-16-0771.

68 N.E.3d 881 (2016)

2016 IL App (1st) 161783

KOENIG & STREY GMAC REAL ESTATE, a limited liability company, Plaintiff, v. RENAISSANT 1000 SOUTH MICHIGAN I, LP, an Illinois limited partnership; Renaissant 1000 South Michigan, LLC, an Illinois limited liability company; First American Bank; Destefano and Partners, Ltd., an Illinois corporation; Trainor Glass Company, an Illinois corporation; Curtain Wall and Design Consulting Incorporated, a Texas corporation; and Unknown Owners, Heirs, Legatees and Non-Record Claimants, Defendants. First American Bank, an Illinois banking corporation, Plaintiff and Defendant-Appellee, v. Renaissant 1000 South Michigan LLC, an Illinois limited liability company; Renaissant 1000 South Michigan I, L.P., an Illinois limited partnership; Warren Barr; James Carroll; John Borkowski; Edward Borkowski; Richard Borkowski; Contractors Lien Services, Inc.; Destafano and Partners Ltd.; Trainor Glass Company; Curtain Wall & Design Consulting Incorporated; Koenig and Strey GMAC Real Estate; Tishman Construction Corporation of Illinois; Chicago Title Land and Trust Company, as trustee under trust number 1106328; 1000 South Michigan Avenue, LLC; Unknown Owners; and Non-Record Claimants, Defendants (John Borkowski; Edward Borkowski; and Richard Borkowski, Defendants-Appellants).

Appellate Court of Illinois, First District, Sixth Division.

Rehearing Denied December 21, 2016.

Attorney(s) appearing for the Case

Gino L. DiVito , John M. Fitzgerald , and Ashley Crettol Insalaco , of Tabet DiVito & Rothstein, LLC, of Chicago, and Kenneth J. Nemec, Jr. , William J. Hrabak, Jr. , and Sara L. Spitler , of Goldstine, Skrodzki, Russian, Nemec & Hoff, Ltd., of Burr Ridge, for appellants.

John Robert Weiss , Rosanne Ciambrone , and Elinor Murarova , of Duane Morris LLP, of Chicago, for appellee.

OPINION

¶ 1 The defendants, John Borkowski, Edward Borkowski and Richard Borkowski (collectively referred to as the Borkowskis), appeal from a $18,421,241.04 judgment entered against them on a guaranty agreement which they executed in favor of the plaintiff...

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