Ryder v. Bank of Hickory Hills

The plaintiffs, Andrew Ryder, his wife, Rose Marie Ryder, their son, Eugene Ryder, and his wife, Diane Ryder, filed a complaint in the circuit court of Cook County against defendants, Bank of Hickory Hills (the Bank), and James and Frank Hannigan for rescission of a deed conveying title to land. In an amendment to their complaint, plaintiffs alleged, inter alia, that the real estate which was pledged as collateral to secure a note dated June 18, 1980, should not have been sold. After a bench trial, the court found that the Bank did not waive its right to accelerate certain loans and that the…