Town & Country Bk. of Springfield v. Country Mu. In. Co.

Plaintiff, Town & Country Bank of Springfield, brought this action in the circuit court of Sangamon County as assignee of the proceeds of a cause of action for personal injury. Plaintiff sought to recover a sum of money pursuant to that assignment. On June 14, 1983, following a bench trial, the court entered a judgment in favor of plaintiff finding the assignment was valid, and defendant, Country Mutual Insurance Company, was liable pursuant to the assignment. On appeal, defendant maintains the trial court erred in holding that the proceeds from a cause of action for personal injury could be…