Diversified Financial Systems, Inc. v. Boyd
Appellate Court of Illinois
1Opinion of the CourtJustice Cook
Diversified Financial Systems (DFS) filed this mortgage foreclosure suit in March 1994. Seventeen of the eighteen defendants (all but Magna Bank) moved for summary judgment on the grounds they had been absolved of indebtedness on the underlying notes in a federal lawsuit involving DFS’ predecessor in interest. Accordingly, they argued, this suit was barred as res judicata. The trial court granted the motion. DFS appeals. We reverse and remand.
The case on which defendants base their res judicata defense is Jackson v. First National Bank (Nos. 88—2273, 88—2275, 88—2276, 88—2290) (Jackson),…
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- Mary Kochton Appley v. Stuart West, Mary Kochton Appley v. National Republic Bank of ChicagoCourt of Appeals for the Seventh Circuit · 1987
- People Ex Rel. Burris v. Progressive Land Developers, Inc.Illinois Supreme Court · 1992
- Lambert BRZOSTOWSKI, Plaintiff-Appellant, v. LAIDLAW WASTE SYSTEMS, INC., Defendant-AppelleeCourt of Appeals for the Seventh Circuit · 1995
- Torcasso v. Standard Outdoor Sales, Inc.Illinois Supreme Court · 1993
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