Nordstrom v. Wauconda National Bank

Plaintiffs, Lauren Nordstrom and Nordstrom Tree Experts, Inc., appeal the dismissal of the two counts of their complaint which were directed against defendant, Wauconda National Bank. The court dismissed the counts because it found that they were barred by the Illinois Credit Agreements Act (Act) (815 ILCS 160/1 et seq. (West 1994)). See 735 ILCS 5/2 — 619(a)(9) (West 1994). Defendant Fogelson Development Corp. is not a party to this appeal. Plaintiffs raise the following issues for review: whether the Act precludes a claim of promissory estoppel; and whether the Act is unconstitutional…