Cosman v. Busey Bank

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS WESTERN DIVISION Timothy Cosman, Appellant, Case No. 3:20-cv-50298 v. Honorable Iain D. Johnston Busey Bank Appellee. MEMORANDUM OPINION AND ORDER Timothy Cosman appeals the Bankruptcy Court’s decision to grant Busey Bank’s (“the Bank”) motion for summary judgment as to count II of its adversarial complaint. That count sought a declaration that Cosman debts to Busey Bank are nondischargeable because he induced the Bank into issuing him the loans by filing false financial documents and that the Bank reasonably relied on…