Exchange National Bank v. DeGraff

Plaintiff, Exchange National Bank of Chicago (Bank), appeals from a judgment entered against it upon a jury’s verdict that found defendants not personally liable for certain loan guarantees. The Bank contends that: (1) the trial court erroneously admitted parol evidence regarding conversations between the parties prior to defendants’ execution of the guarantees; (2). the trial court erroneously permitted cross-examination of a Bank officer regarding his alleged conflict of interest in the corporate debtor; (3) the trial court erred in giving certain jury instructions over plaintiff’s…