Legal Opinion
Boulevard Bank National Ass'n v. Philips Medical Systems International B.V.
Court of Appeals for the Seventh Circuit
Decided February 8, 1994No. Nos. 93-1358, 93-2906PublishedCited by 13 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
This appeal involves a loan and other credit extended by Boulevard Bank (Boulevard) to High Tech Medical Parks Development Corporation (High Tech) to enable the latter to purchase medical equipment from Philips Medical Systems International B.V. and N.V. Philips Gloeilampenfabrieken (collectively, Philips). As a condition of the loan, Boulevard requested that High Tech obtain a guaranty from Philips. For the reasons stated below, we affirm.
I
Boulevard is a national banking association with its principal place of business in Chicago, Illinois. High Tech is an Illinois…
2Cases cited23 opinions
- Provident Tradesmens Bank & Trust Co. v. PattersonSupreme Court of the United States · 1968
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. George C. Meyer, Margaret Meyer & Edwin A. MeyerCourt of Appeals for the Seventh Circuit · 1986
- Reese v. Chicago, Burlington & Quincy RailroadIllinois Supreme Court · 1973
- Continental Bank, N.A. v. Robinson O. EverettCourt of Appeals for the Seventh Circuit · 1992
- Philips Medical Systems International B v. V. Martin E. BruetmanCourt of Appeals for the Seventh Circuit · 1994
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3Cited by13 opinions
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- De Wit v. Firstar Corp.District Court, N.D. Iowa · 1995
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- Horbach v. KaczmarekDistrict Court, N.D. Illinois · 1996
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