Legal Opinion
Cole Taylor Bank v. Cole Taylor Bank
Appellate Court of Illinois
Decided January 17, 1992No. 1-90-3450PublishedCited by 19 opinions
1Opinion of the CourtJustice LaPORTA
Alan and Sara Turover paid Jack Lofstrom $130,000 as the down payment on a house he promised to build for them in Glencoe. The house was never built. The Turovers sued Lofstrom and a lis pendens notice was recorded against the property because Lofstrom was the beneficial owner of the land trust that held title to the property. After the construction contract was signed but before the Turovers sued for breach of that contract, Lofstrom obtained a mortgage on the property. The Turovers won their suit against Lofstrom for breach of contract and a $291,010.10 judgment was entered against…
2Cases cited14 opinions
- John N. Fortier and Linda M. Fortier v. Dona Anna Plaza Partners, James A. Peterson, Peterson Properties, Inc.Court of Appeals for the Tenth Circuit · 1984
- Florsheim v. Travelers Indemnity Co.Appellate Court of Illinois · 1979
- W. E. Erickson Construction, Inc. v. Congress-Kenilworth Corp.Appellate Court of Illinois · 1985
- FIRST NAT'L BK. OF BARRINGTON v. OldenburgAppellate Court of Illinois · 1981
- Towne v. Town of LibertyvilleAppellate Court of Illinois · 1989
9 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Aames Capital Corp. v. Interstate Bank of Oak ForestAppellate Court of Illinois · 2000
- Kim v. Alvey, Inc.Appellate Court of Illinois · 2001
- Federal National Mortgage Ass'n v. KuipersAppellate Court of Illinois · 2000
- Union Planters Bank, N.A. v. FT Mortgage Co.Appellate Court of Illinois · 2003
- Vandenberg v. Brunswick CorporationAppellate Court of Illinois · 2018
14 more not listed; retrieve them via the Exa API.