Legal Opinion

Lanigan v. Apollo Savings

Appellate Court of Illinois

Decided July 17, 1975No. 60911PublishedCited by 3 opinions

1Opinion of the CourtJustice Dempsey

This is an appeal from an order approving a fourth liquidating distribution of the Apollo Savings receivership estate. The receiver, the Federal Savings and Loan Insurance Corporation (FSLIC) presented its planned distribution to the circuit court for approval and several permanent reserve shareholders of Apollo objected that the distribution should be delayed as to one creditor, the FSLIC. The court approved the distribution and the objectors appealed the order. No distribution has been made pending the completion of these proceedings.

On April 8, 1968, a cease and desist order was issued by…

2Cases cited5 opinions

  1. Charles and Charlene Baker v. F & F Investment Company, Federal Housing AdministrationCourt of Appeals for the Seventh Circuit · 1973
  2. People Ex Rel. Knight v. O'BRIENIllinois Supreme Court · 1969
  3. Lanigan v. Apollo SavingsIllinois Supreme Court · 1972
  4. Federal Deposit Insurance Corp. v. Banking CommissionWisconsin Supreme Court · 1945
  5. Federal Sav. & L. Ins. Corp. v. Apollo Savings, Chicago, Ill.District Court, N.D. Illinois · 1968

3Cited by3 opinions

  1. Lanigan v. Apollo SavingsAppellate Court of Illinois · 1976
  2. Lanigan v. Apollo SavingsAppellate Court of Illinois · 1978
  3. Mitchell Investment Co. v. Federal Savings and Loan Insurance CorporationCourt of Appeals for the Sixth Circuit · 1984

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