Yost v. Carroll

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION R. DAVID YOST, ) ) Plaintiff, ) No. 20 C 5393 ) v. ) Magistrate Judge Jeffrey Cole ) MORGAN CARROLL, ) ) Defendant. ) MEMORANDUM OPINION AND ORDER INTRODUCTION The present diversity case involves a seemingly straightforward attempt by the plaintiff to collect on what the Complaint alleges are two “promissory notes” totaling $8,261,333.79, plus interest, costs, and attorneys’ fees. [Dkt. #1 at 2]. One “note” for $2,500,000 was executed in 2015, while the other for $4,500,000 was executed a year later.…