Legal Opinion

Inland Mortgage Capital Corp. v. Chivas Retail Partners, LLC

District Court, N.D. Illinois

Decided August 3, 2012No. 11 C 6482PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OPINION AND ORDER 1

MILTON I. SHADUR, Senior District Judge.

Inland Mortgage Capital Corp. (“Inland”) loaned Harbins Crossing TC, LLC (“Harbins”) $59,670,000 (I. St. ¶8). Harbins used the money to build a retail shopping center in Gwent County, Georgia (a part of metropolitan Atlanta) (id. ¶ 10). Inland secured the loan by executing a security deed on the property (id. ¶ 9). Chivas Retail Partners, LLC, the TJD Separate Property Trust and the Walter L. Brown Jr. Revocable Trust (collectively “Guarantors”) executed a Loan Guaranty Agreement (“Guaranty Agreement”) with Inland (id. ¶…

2Cases cited6 opinions

  1. Marrese v. American Academy of Orthopaedic SurgeonsSupreme Court of the United States · 1985
  2. Hicklin Engineering, L.C., Cross-Appellee v. R.J. Bartell and R.J. Bartell & Associates, L.L.C.Court of Appeals for the Seventh Circuit · 2006
  3. Chrysler Credit Corporation, Plaintiff-Third/party v. Nancy Marino, and Herman J. Marino, Defendant-Third/partyCourt of Appeals for the Third Circuit · 1995
  4. Harris & Tilley, Inc. v. First National BankCourt of Appeals of Georgia · 1981
  5. Curtis Investment Firm, Ltd. Partnership v. SchuchAppellate Court of Illinois · 2001

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3Cited by1 opinion

  1. Inland Mortgage Capital Corp. v. Chivas Retail Partners, LLCDistrict Court, N.D. Illinois · 2012

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