O'Neil v. Continental Bank, N.A.

PRESIDING JUSTICE ZWICK

delivered the opinion of the court:

Defendant Continental Bank, N.A. (Continental), appeals from a judgment entered following a jury trial. The jury determined that Continental and its codefendants, Pioneer Bank & Trust Co. and the Mid-City National Bank of Chicago, breached an oral contract with plaintiffs Robert L. O’Neil, Henry D. Paschen, Jr., William J. Harte and Edward T. Joyce to support plaintiffs’ bid to purchase a building and parcel of real estate during a bankruptcy auction. A judgment totalling $6.1 million was entered by the trial court pursuant to the…