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NEW ENGLAND MUT. LIFE INS. COMAPNY v. LaSALLE NAT. BANK

No. 84 C 5038.

697 F.Supp. 965 (1988)

NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY, a Massachusetts corporation, and American Employers' Insurance Company, a Massachusetts corporation as Assignee and Subrogee of New England Mutual Life Insurance Company, Plaintiffs, v. LaSALLE NATIONAL BANK, a national banking association, and Merchandise National Bank of Chicago, a national banking association, Defendants, LaSALLE NATIONAL BANK, a national banking association, Third-Party Plaintiff, v. D.L. SASLOW COMPANY, INC., an Illinois corporation, and Barbara More, Third-Party Defendants.

United States District Court, N.D. Illinois, E.D.

October 13, 1988.

Attorney(s) appearing for the Case

Gary Kostow, Clausen Miller Gorman Caffrey & Witous, P.C., Chicago, Ill., for defendants/third-party plaintiff.

Robert T. Palmer, Connelly Mustes & Palmer, Chicago, Ill., for D.L. Saslow, third-party defendant.

MEMORANDUM OPINION AND ORDER

ALESIA, District Judge.

Statement of Facts

New England Mutual Life Insurance Company ("New England"), the original plaintiff in this action, is a Massachusetts-based life insurance company. Barbara More ("More") operated an insurance agency under the name of Max F. Rich & Co. ("Rich & Co.") and acted as New England's agent. D.L. Saslow Company, Inc. ("Saslow") was an insured of New England.

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