St. Paul Federal Savings & Loan Ass'n v. Avant
Appellate Court of Illinois
1Opinion of the CourtJustice O’Connor
This appeal involves an action by plaintiff, St. Paul Federal Savings and Loan Association of Chicago, based upon theories of unjust enrichment and constructive trust for the recovery of funds paid to defendant, Tollway Arlington National Bank (Tollway), in return for Tollway's release of a purported mortgage on certain residential real estate. After Tollway had accepted payment from plaintiff, it was discovered that the mortgage released was of no value, as it had been based upon a forgery perpetrated by one of Tollway’s commercial customers. The trial court granted plaintiff’s motion for…
2Cases cited22 opinions
- Grover v. Commonwealth Plaza Condominium Ass'nAppellate Court of Illinois · 1979
- National Shawmut Bank v. Fidelity Mutual Life InsuranceMassachusetts Supreme Judicial Court · 1945
- Dayan v. McDonald's Corp.Appellate Court of Illinois · 1984
- Launius v. NajmanAppellate Court of Illinois · 1984
- Third Establishment, Inc. v. 1931 North Park ApartmentsAppellate Court of Illinois · 1981
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- U.S. Minerals & Mining, Inc. v. Licensed Processors, Ltd.Appellate Court of Illinois · 1990
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