Legal Opinion
Prudential Insurance Co. v. Curt Bullock Builders, Inc.
District Court, N.D. Illinois
Decided December 30, 1985No. 84 C 3387PublishedCited by 28 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
MORAN, District Judge.
This diversity action presents the question of whether a creditor protecting its interests under a loan agreement also could be liable to the debtor in tort if another creditor caused unnecessary economic harm while both were in the process of collection.
Prudential, the plaintiff here, and the First Midwest Bank of Danville, Illinois (formerly the Second National Bank), which is not a party to these proceedings, each loaned defendant Bullock Builders over two million dollars — plaintiff in 1979 and the bank in 1983. By January 1984 both were uneasy…
2Cases cited53 opinions
- United States v. YoungSupreme Court of the United States · 1985
- Curtiss-Wright Corp. v. General Electric Co.Supreme Court of the United States · 1980
- Car Carriers, Inc. v. Ford Motor Company and Nu-Car Carriers, Inc.Court of Appeals for the Seventh Circuit · 1984
- Kerns v. EngelkeIllinois Supreme Court · 1979
- Maswamba Musikiwamba v. Essi, Inc. And Shalabh KumarCourt of Appeals for the Seventh Circuit · 1985
48 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Clyde E. Williamson, D/B/A Triangle 44 Farms v. United States Department of AgricultureCourt of Appeals for the Fifth Circuit · 1987
- The Goodyear Tire & Rubber Company v. Chiles Power Supply, Inc., D/B/A Heatway Systems, Robert S. JulianCourt of Appeals for the Sixth Circuit · 2003
- D'ACQUISTO v. WashingtonDistrict Court, N.D. Illinois · 1986
- Union National Bank of Marseilles v. Leigh (In Re Leigh)United States Bankruptcy Court, N.D. Illinois · 1994
- Samuel David Stockman, D.D.S. v. Oakcrest Dental Center, P.C., Louis E. Leonor, D.D.S., IndividuallyCourt of Appeals for the Sixth Circuit · 2007
23 more not listed; retrieve them via the Exa API.