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LYONS SAVINGS & LOAN v. GASH ASSOCIATES

No. 1-88-3735.

189 Ill. App.3d 684 (1989)

545 N.E.2d 412

LYONS SAVINGS AND LOAN ASSOCIATION, n/k/a Lyons Savings, Plaintiff-Appellee, v. GASH ASSOCIATES et al., Defendants-Appellants.

Appellate Court of Illinois — First District (4th Division).

Opinion filed September 29, 1989.

Attorney(s) appearing for the Case

Gary L. Starkman, Malcolm S. Kamin, and Thomas F. Sax, all of Arvey, Hodes, Costello & Burman, of Chicago, for appellants.

James M. Crowley, of Garvey & Novy, Ltd., Harvey J. Barnett and Martin D. Tasch, both of Harvey J. Barnett & Associates, Ltd., and Thomas T. Burke, William E. Ryan, and Barry A. Springer, all of Burke & Ryan, all of Chicago, for appellee.

Judgment affirmed.

JUSTICE McMORROW delivered the opinion of the court:

Gash Associates (Gash) appeals from the trial court's approval of a sheriff's sale of commercial property located in Rosemont, Illinois, pursuant to a mortgage foreclosure action filed by Lyons Savings and Loan Association (Lyons) and others. Gash argues that the trial court should have disapproved the sheriff's sale because it awarded the property at less than its fair market value to...

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