Legal Opinion

Bank of Aspen v. Fox Cartage, Inc.

Appellate Court of Illinois

Decided July 2, 1987No. 2-86-0695PublishedCited by 6 opinions

1Opinion of the CourtJustice Unverzagt

This case involves an appeal by Batavia Bank, a third-party citation respondent, and a cross-appeal by the plaintiff. The plaintiff, Bank of Aspen (hereinafter referred to as Aspen), made a loan to the judgment debtor, David L. Thomas, in 1981. Thomas eventually defaulted on the loan, and on April 19, 1984, a Colorado court entered judgment against him and in favor of Aspen. Aspen recorded that judgment in Illinois on December 18, 1984. The Illinois judgment included an order enjoining Thomas from transferring his property. On January 7, 1984, prior to either judgment, however, Thomas, as…

2Cases cited45 opinions

  1. Fuentes v. ShevinSupreme Court of the United States · 1972
  2. Sniadach v. Family Finance Corp. of Bay ViewSupreme Court of the United States · 1969
  3. Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
  4. North Georgia Finishing, Inc. v. Di-Chem, Inc.Supreme Court of the United States · 1975
  5. Fox v. Capital Co.Supreme Court of the United States · 1936

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3Cited by6 opinions

  1. Bank of Aspen v. Fox Cartage, Inc.Illinois Supreme Court · 1989
  2. Painewebber Incorporated v. Franklin Farnam, Robert Farnam, John Farnam and Edward JacksCourt of Appeals for the Seventh Circuit · 1989
  3. Miller v. Krause (In Re Krause)United States Bankruptcy Court, N.D. Indiana · 1988
  4. Bankr. L. Rep. P 75,756, 22 Ucc rep.serv.2d 1141 Farm Credit Bank of St. Louis, a Federally Chartered Corporation, Farmers Pellet Company, Bank and Trust Company of Litchfield, and James E. Lucas and Thelma F. Lucas, Debtors-Appellees. Appeal of John L. Swartz, TrusteeCourt of Appeals for the Seventh Circuit · 1994
  5. Bentley v. Glenn Shipley Enterprises, Inc.Appellate Court of Illinois · 1993

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