Legal Opinion

Ottawa Savings Bank v. JDI Loans, Inc.

Appellate Court of Illinois

Decided June 25, 2007No. 2-06-0671PublishedCited by 9 opinions

1Opinion of the CourtJustice Byrne

On April 4, 2005, plaintiffs, Ottawa Savings Bank (Ottawa); Flower Bank, FSB, f/k/a Umbrella Bank, FSB; West Town Savings Bank; and Lincoln State Bank, brought an action to recover compensatory and punitive damages against defendants, JDI Loans, Inc.; JDI Joliet, LLC, d/b/a JDI Loans, Inc.; Jeffrey Aeder; Kevin Connor; and David Rattner (collectively, defendants), for losses allegedly sustained from the improper sale of a portfolio of loans by Commercial Loan Corporation (CLC) to JDI Loans, Inc. In the complaint, plaintiffs alleged causes of action against defendants for conversion (count I),…

2Cases cited15 opinions

  1. R. Richard Bastian, III v. Petren Resources CorporationCourt of Appeals for the Seventh Circuit · 1990
  2. Foxcroft Townhome Owners Ass'n v. Hoffman Rosner Corp.Illinois Supreme Court · 1983
  3. Lagen v. Balcor Co.Appellate Court of Illinois · 1995
  4. Abbasi Ex Rel. Abbasi v. ParaskevoulakosIllinois Supreme Court · 1999
  5. Boatmen's National Bank v. Direct Lines, Inc.Illinois Supreme Court · 1995

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

3Cited by9 opinions

  1. Western Capital Partners, LLC v. Chicago Title Insurance CompaCourt of Appeals for the Seventh Circuit · 2014
  2. Whitley v. Taylor Bean & Whitacker Mortgage Corp.District Court, N.D. Illinois · 2009
  3. Bonhomme v. St. JamesAppellate Court of Illinois · 2011
  4. Lansing v. CarrollDistrict Court, N.D. Illinois · 2014
  5. Independent Voters of Illinois Independent Precinct Organization v. AhmadAppellate Court of Illinois · 2014

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

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