State Bank of East Moline v. Cirivello
Appellate Court of Illinois
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
- Levin v. Civil Service CommissionIllinois Supreme Court · 1972
- Belleville Savings Bank v. BornmanIllinois Supreme Court · 1888
- Comstock v. GageIllinois Supreme Court · 1878
- Hardware Wholesalers, Inc. v. HeathAppellate Court of Illinois · 1973
- Northwestern National Bank v. FosterSupreme Court of Minnesota · 1936
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- State Bank of East Moline v. CirivelloIllinois Supreme Court · 1978
- 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