Legal Opinion

State Bank of East Moline v. Cirivello

Appellate Court of Illinois

Decided January 6, 1978No. 77-191PublishedCited by 2 opinions

1Opinion of the Court

Mr. PRESIDING JUSTICE ALLOY

delivered the opinion of the court:

State Bank of East Moline appeals from an order of the Circuit Court of Rock Island County in which the court found a guaranty signed by defendants to be void and unenforceable.

The action in the instant case was initiated by the plaintiff bank to enforce a guaranty agreement executed by defendants, who were 12 limited partners of Lakeview Estates Limited Partnership. The guaranty was asserted to be enforceable by plaintiff bank as a guarantee of payment of a loan of *65,000 by the bank to the partnership. Seven of the defendants…

2Cases cited6 opinions

  1. Levin v. Civil Service CommissionIllinois Supreme Court · 1972
  2. Belleville Savings Bank v. BornmanIllinois Supreme Court · 1888
  3. Comstock v. GageIllinois Supreme Court · 1878
  4. Hardware Wholesalers, Inc. v. HeathAppellate Court of Illinois · 1973
  5. Northwestern National Bank v. FosterSupreme Court of Minnesota · 1936

1 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

  1. State Bank of East Moline v. CirivelloIllinois Supreme Court · 1978
  2. Federal Deposit Insurance Corporation, in Its Corporate Capacity, a Corporate Agency of the United States Government v. Richard J. NanulaCourt of Appeals for the Seventh Circuit · 1990

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