Legal Opinion
First Arlington National Bank v. Stathis
Appellate Court of Illinois
Decided September 26, 1980No. 79-1441PublishedCited by 27 opinions
1Opinion of the Court
Mr. PRESIDING JUSTICE SULLIVAN
delivered the opinion of the court:
Defendant Stathis, in appealing the entry of summary judgment for plaintiff in an action for declaratory judgment concerning the parties’ rights and obligations under a letter of credit, presents as the sole issue the propriety of that judgment.
The facts are largely undisputed. It appears that in early 1973, Stathis entered into an agreement for the sale of real estate to Ralph Edgar, Denis Rintz, and Phillip Grandinetti, Jr. Part of the consideration was a promissory note dated March 30, 1973 (hereafter “March note”), in the…
2Cases cited20 opinions
- Republic National Bank of Dallas v. Northwest National Bank of Fort WorthTexas Supreme Court · 1979
- Venizelos, S.A. v. Chase Manhattan BankCourt of Appeals for the Second Circuit · 1970
- Intraworld Industries, Inc. v. Girard Trust BankSupreme Court of Pennsylvania · 1975
- Courtaulds North America, Inc. v. North Carolina National Bank, a National Banking AssociationCourt of Appeals for the Fourth Circuit · 1975
- Flagship Cruises, Ltd. v. New England Merchants National Bank of Boston, and Chemical BankCourt of Appeals for the First Circuit · 1978
15 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- First Arlington National Bank v. StathisAppellate Court of Illinois · 1983
- Newcastle Properties, Inc. v. ShalowitzAppellate Court of Illinois · 1991
- Stringer Construction Co. v. American InsuranceAppellate Court of Illinois · 1981
- Mount Prospect State Bank v. Marine Midland BankAppellate Court of Illinois · 1983
- Occidental Fire & Casualty Company of North Carolina v. Continental Bank N.A.Court of Appeals for the Seventh Circuit · 1990
22 more not listed; retrieve them via the Exa API.