Federal Deposit Ins. Corp. v. Wright

MEMORANDUM OPINION

BRIAN BARNETT DUFF, District Judge.

The Federal Deposit Insurance Corporation (“the FDIC”), as receiver of Union National Bank of Chicago (“the Bank”), brought this action against defendant Lillian Wright (“Defendant”), among others, seeking to foreclose an Assignment of Beneficial Interest (“the Assignment”) — Count I — and to recover monies due and owing on four promissory notes — counts II through V — and a guaranty — Count VII — given by Defendant to the Bank before the Bank went into receivership. The FDIC has moved for summary judgment against Defendant, asserting that…