South Division Credit Union v. Deluxe Motors, Inc.

In this action plaintiff, South Division Credit Union, alleged that defendant, Deluxe Motors, Inc., had failed to comply with both the certificate of title provisions of the Illinois Vehicle Code and the terms of the endorsement on a check drawn by plaintiff to the order of defendant as a joint payee, thereby causing the termination of plaintiff’s rights as a lienholder and concluded that defendant had wrongfully negotiated the check. The trial court after hearing the preliminary arguments of the parties determined that the proceeds of the check should be returned to plaintiff and entered…