Legal Opinion
Armstrong v. Resolution Trust Corp.
Appellate Court of Illinois
Decided August 21, 1992No. 3-91-0737PublishedCited by 9 opinions
1Opinion of the CourtJustice Gorman
Plaintiffs sued a savings and loan association, alleging that fraudulent misrepresentations were made in conjunction with the transfer of some land by plaintiffs to a third party. The jury awarded $1,133,000 and defendant appeals. We reverse.
I. Facts
On August 8, 1978, Ralph and Rema Armstrong obtained a mortgage from Chillicothe Federal Savings & Loan (Chillicothe Federal) to finance construction of an apartment building. Adjacent to that building was another apartment building which the Armstrongs had financed through Security Savings and Loan Association (Security Savings). By 1983, the…
2Cases cited21 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Fed. Sec. L. Rep. P 98,654 William L. Gunter and Camille S. Gunter v. Theodore M. HutchesonCourt of Appeals for the Eleventh Circuit · 1982
- Timberland Design, Inc. And William C. Barnsley v. First Service Bank for SavingsCourt of Appeals for the First Circuit · 1991
- James N. And Betty G. Bowen v. Federal Deposit Insurance Corporation, as Receiver for First Republicbank--El PasoCourt of Appeals for the First Circuit · 1990
16 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Simard v. Resolution Trust Corp.District of Columbia Court of Appeals · 1994
- Armstrong v. Resolution Trust Corp.Illinois Supreme Court · 1993
- Herbst v. Resolution Trust Corp.Ohio Supreme Court · 1993
- Resolution Trust Corp. v. FoustCourt of Appeals of Arizona · 1993
- Summerhaze Company v. Federal Deposit Insurance CorporationUtah Supreme Court · 2014
4 more not listed; retrieve them via the Exa API.