Suburban Bank of Hoffman-Schaumburg v. Bousis

The plaintiff, Suburban Bank of Hoffman-Schaumburg, brought an action in the circuit court of Cook County against Chrisoula Bousis and others seeking to have Chrisoula’s name removed as the legal owner of a savings account held at the bank. Following a bench trial, the trial judge reformed the savings account contract to what was termed in the decree “an escrow or a trust account” for the benefit of Chrisoula’s father, George Bousis. In an unpublished order, the appellate court reversed the judgment of the circuit court. (188 Ill. App. 3d 1109 (order under Supreme Court Rule 23).) We allowed…