Legal Opinion
Chicago Title & Trust Co. v. Walsh
Appellate Court of Illinois
Decided November 20, 1975No. 59504PublishedCited by 27 opinions
1Opinion of the CourtJustice Dempsey
Chicago Title and Trust Company filed an action to prohibit the negotiation of drafts it issued through an escrow to numerous creditors of Jack Walsh, who founded the escrow with a forged certified check in the sum of $2,500,000. Four of the drafts had been issued on behalf of or to Gale Marcus, Max Munson and Carl Verive. The title company also asked rescission of the escrow and return of its drafts.
Marcus, Munson and Verive filed a declaratory judgment action seeking payment of the drafts and of damages sustained in reliance on them. They alleged the breach by Chicago Title of express,…
2Cases cited29 opinions
- Ritter v. RitterIllinois Supreme Court · 1943
- House of Vision, Inc. v. HiyaneIllinois Supreme Court · 1969
- FIRST NATIONAL BANK IN LENOX v. BrownSupreme Court of Iowa · 1970
- Eshelman v. RawaltIllinois Supreme Court · 1921
- Chicago & Great Western Railroad Land Co. v. PeckIllinois Supreme Court · 1885
24 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- John Doe, Cross-Appellants v. United States of America, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1993
- Glass v. BurkettAppellate Court of Illinois · 1978
- Kritzen v. Flender Corp.Appellate Court of Illinois · 1992
- Anvil Investment Ltd. Partnership v. Thornhill Condominiums, Ltd.Appellate Court of Illinois · 1980
- New Bedford Institution for Savings v. GildroyMassachusetts Appeals Court · 1994
22 more not listed; retrieve them via the Exa API.