Lincoln National Life Insurance v. TCF National Bank
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
VIRGINIA M. KENDALL, District Judge.
This case arises out of a construction loan that Lincoln National Life Insurance Company made to Sunset Village Limited Partnership for construction at Sunset Village’s mobile home community. The proceeds of the Loan were put on deposit with TCF National Bank, Sunset Village’s banker. TCF administered the draws against the proceeds of the Loan that Sunset Village made as construction at the community progressed. The proceeds of the Loan were secured by an Irrevocable Letter of Credit issued by TCF on behalf of Sunset Village and…
2Cases cited57 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Sandra L. Waldridge v. American Hoechst Corp.Court of Appeals for the Seventh Circuit · 1994
- Omnicare, Inc. v. Unitedhealth Group, Inc.Court of Appeals for the Seventh Circuit · 2011
- Lionel Bordelon v. Chicago School Reform Board of TrusteesCourt of Appeals for the Seventh Circuit · 2000
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3Cited by1 opinion
- S. v. Pleasantville Union Free School DistrictDistrict Court, S.D. New York · 2020