Legal Opinion
Continental Bank N.A. v. Sheldon Modansky and Aaron Modansky
Court of Appeals for the Seventh Circuit
Decided June 23, 1993No. 92-2666PublishedCited by 22 opinions
1Opinion of the Court
BAUER, Chief Judge.
Continental Bank sued Ajayem Investors Corporation and brothers Aaron and Sheldon Modansky (collectively “the guarantors”) for breach of contract after they failed to compensate Continental for loans they had guaranteed on behalf of four Ajayem lumber companies that filed for bankruptcy. Continental brought this lawsuit in the district court under diversity jurisdiction. 28 U.S.C. § 1332. The ease was presented to a jury, but the district court directed a verdict in Continental’s favor pursuant to Fed.Rule Civ.P. 50(a). (R. 68, R. 69). The guarantors appeal the directed…
2Cases cited11 opinions
- Continental Bank, N.A. v. Robinson O. EverettCourt of Appeals for the Seventh Circuit · 1992
- First National Bank of Cicero v. SylvesterAppellate Court of Illinois · 1990
- Claude Southern Corp. v. Henry's Drive-In, Inc.Appellate Court of Illinois · 1964
- Washburn v. UNION NAT'L BANK & TR. CO.Appellate Court of Illinois · 1986
- Magna Bank v. JamesonAppellate Court of Illinois · 1992
6 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Felicia PERRY, Plaintiff-Appellant, v. HARRIS CHERNIN, INC., Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1997
- Fred Honaker v. Gary Smith, Mayor, Individually and as Mayor of the Village of Lovington and as Fire Chief of the Lovington Fire DepartmentCourt of Appeals for the Seventh Circuit · 2001
- Thompson v. BoggsCourt of Appeals for the Seventh Circuit · 1994
- Maltby v. WinstonCourt of Appeals for the Seventh Circuit · 1994
- Otto v. Variable Annuity Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 1998
17 more not listed; retrieve them via the Exa API.