Legal Opinion

La Salle National Bank v. Illinois Housing Development Authority

Appellate Court of Illinois

Decided September 23, 1986No. 85-3237PublishedCited by 15 opinions

1Opinion of the CourtJustice Hartman

Defendants, Illinois Housing Development Authority and Harris Trust and Savings Bank (collectively IHDA), appeal a summary judgment entered in favor of plaintiff La Salle National Bank (La Salle), which found that La Salle had the right to prepay its obligation to IHDA on a mortgage. We are asked to decide whether there exists a material issue of triable fact or an ambiguity in the mortgage contract which should have precluded entry of summary judgment.

La Salle is trustee under an Illinois land trust holding legal title to a parcel of land on the north side of Chicago. On October 1, 1971, La…

2Cases cited14 opinions

  1. Allen v. MeyerIllinois Supreme Court · 1958
  2. Schiro v. W. E. Gould & Co.Illinois Supreme Court · 1960
  3. Nolan v. Johns-Manville Asbestos & Magnesia Materials Co.Appellate Court of Illinois · 1979
  4. St. Paul Fire & Marine Insurance v. FrankartIllinois Supreme Court · 1977
  5. Terracom Development Group, Inc. v. Coleman Cable & Wire Co.Appellate Court of Illinois · 1977

9 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Srivastava v. Russell's Barbecue, Inc.Appellate Court of Illinois · 1988
  2. Certified Mechanical Contractors, Inc. v. Wight & Co.Appellate Court of Illinois · 1987
  3. J.M. Beals Enterprises, Inc. v. Industrial Hard Chrome, Ltd.Appellate Court of Illinois · 1990
  4. Blankenship v. Dialist International Corp.Appellate Court of Illinois · 1991
  5. Andrews v. Northwestern Memorial HospitalAppellate Court of Illinois · 1989

10 more not listed; retrieve them via the Exa API.

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