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CONTINENTAL BANK N.A. v. EVERETT

No. 90 C 1476.

760 F.Supp. 713 (1991)

CONTINENTAL BANK N.A., Plaintiff, v. Robinson EVERETT, Kathrine Everett, and J.H. Froelich, Defendants.

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

March 28, 1991.

Attorney(s) appearing for the Case

Howard J. Roin, Janet L. Reed, Lynn D. Thesing, Andrew S. Marovitz, Mayer, Brown & Platt, Chicago, Ill., for plaintiff.

Robert E. Wiss, James R. Figliulo, Jeffrey C. Blumenthal, Patrick R. Gabrione, Foran, Wiss & Schultz, Chicago, Ill., for defendants Robinson Everett and Kathrine Everett.

Ronald J. Guild, William H. Hrabak, Michael J. Kralovec, Feiwell, Galper & Lasky, Chicago, Ill., for defendant J.H. Froelich.

MEMORANDUM ORDER

BUA, District Judge.

In 1984, plaintiff Continental Bank N.A. ("Continental") loaned a substantial sum of money to a North Carolina corporation. After that corporation filed for bankruptcy, Continental demanded repayment from eight individuals who guaranteed the loan. Having been paid by five of the guarantors, Continental seeks payment from the remaining three: Robinson Everett, Kathrine Everett, and J.H. Froelich. Continental contends...

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