Legal Opinion
Total Automation, Inc. v. Illinois National Bank & Trust Co.
Appellate Court of Illinois
Decided July 22, 1976No. 75-469PublishedCited by 1 opinion
1Opinion of the CourtJustice Rechenmacher
The plaintiff appeals from a summary judgment for the defendant in an action brought on behalf of the plaintiff corporation by certain creditors thereof, to recover the sum of *2,331.67 which the plaintiff contends was wrongfully “set-off” from its checking account by the defendant bank.
Total Automation, Inc., had a checking account with the defendant, a national bank. At the same time Total Automation owed the bank’s travel department (known as Illinois National Travel Bureau) the sum of *2,331.67. The plaintiff was in financial difficulty and its assets were under the control of a creditors’…
2Cases cited11 opinions
- Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
- National Bank v. MatthewsSupreme Court of the United States · 1879
- Thompson v. Saint Nicholas National BankSupreme Court of the United States · 1892
- Penn v. BornmanIllinois Supreme Court · 1882
- Arnold Tours, Inc. v. William B. Camp, Comptroller of the Currency of the United States, South Shore National BankCourt of Appeals for the First Circuit · 1972
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3Cited by1 opinion
- Norcomo Corp. v. Franchi Const. Co., Inc.Missouri Court of Appeals · 1979