Legal Opinion
Independent Trust Corp. v. Fidelity Nat. Title Ins. Co. of New York
District Court, N.D. Illinois
Decided August 26, 2008No. 05 C 5749PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
REBECCA R. PALLMEYER, District Judge.
In the 1990s, Jack Hargrove and Laurence Capriotti used a web of companies they controlled to steal tens of millions of dollars from real estate escrowees and other trust beneficiaries. This lawsuit is one of many that arose in the aftermath of their crimes. The Plaintiff, Independent Trust Corporation (“InTrust”), a provider of long-term trust services, was controlled by Hargrove and Capriotti at the time of their theft; it lost more than $68 million of its customers’ money due to their actions, and is now in receivership. The…
2Cases cited44 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Avery v. State Farm Mutual Automobile InsuranceIllinois Supreme Court · 2005
- HPI Health Care Services, Inc. v. Mt. Vernon Hospital, Inc.Illinois Supreme Court · 1989
- Robert Foley and Patricia Foley v. City of Lafayette, Indiana, and Fred TaylorCourt of Appeals for the Seventh Circuit · 2004
- Julie Boumehdi v. Plastag Holdings, LLCCourt of Appeals for the Seventh Circuit · 2007
39 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Independent Trust Corp. v. Stewart Information Services Corp.Court of Appeals for the Seventh Circuit · 2012
- JPMorgan Chase Bank, N.A. v. Asia Pulp & Paper Co.Court of Appeals for the Seventh Circuit · 2013
- McHale v. Boulder Capital LLC (In Re 1031 Tax Group, LLC)United States Bankruptcy Court, S.D. New York · 2010
- Oxford Bank & Trust & Fifth Avenue Property Management v. Village of La GrangeDistrict Court, N.D. Illinois · 2012
- Cordes & Company, LLC v. Mitchell Companies, LLCDistrict Court, N.D. Illinois · 2009
6 more not listed; retrieve them via the Exa API.