Legal Opinion
A.D.E. Inc., D/B/A Auto Dealers Exchange v. Louis Joliet Bank and Trust Company, an Illinois Banking Corporation
Court of Appeals for the Seventh Circuit
Decided August 30, 1984No. 83-2284, 83-2552PublishedCited by 29 opinions
1Opinion of the Court
POSNER, Circuit Judge.
Louis Joliet Bank, the defendant in this diversity action to honor a guarantee, appeals from judgment on the pleadings (see Fed.R.Civ.P. 12(c)) in favor of the plaintiff, A.D.E. (Auto Dealers Exchange), which is in the business of conducting automobile auctions. The appeal requires us to consider the Illinois law of guarantee, and a procedural issue.
According to the facts alleged in the complaint and admitted in the answer, an auto dealer named Mark Lee, doing business as Joliet Motors, had a checking account with the bank, as did his father-in-law, Howard Klugman, an…
2Cases cited16 opinions
- Jackson M. Troxler v. Owens-Illinois, Inc., Defendant/third-Party v. National Service Industries, Inc., D/B/A North Bros. Co., Third-PartyCourt of Appeals for the Third Circuit · 1983
- Flora v. Home Federal Savings & Loan Ass'nCourt of Appeals for the Seventh Circuit · 1982
- Camalier & Buckley-Madison, Inc. v. The Madison Hotel, Inc.Court of Appeals for the D.C. Circuit · 1975
- Healy Tibbitts Construction Co., a Corporation v. Insurance Company of North America, a CorporationCourt of Appeals for the Ninth Circuit · 1982
- Merit Insurance Company, an Illinois Corporation v. Anthony ColaoCourt of Appeals for the Seventh Circuit · 1979
11 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Bank Leumi Le-Israel, B.M., a Foreign Corporation v. Dennis Lee, an IndividualCourt of Appeals for the Seventh Circuit · 1991
- Beanstalk Group, Inc. v. Am General Corporation and General Motors CorporationCourt of Appeals for the Seventh Circuit · 2002
- Davita Carter v. United StatesCourt of Appeals for the Seventh Circuit · 2003
- John L. Marino, D/B/A Wishbone Oil & Gas, Cross-Appellee v. Otis Engineering Corporation, Cross-AppellantCourt of Appeals for the Tenth Circuit · 1988
- Sayre v. Musicland Group, Inc.Court of Appeals for the Eighth Circuit · 1988
24 more not listed; retrieve them via the Exa API.