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HAROCO, INC. v. AMERICAN NAT. BANK AND TRUST CO.

No. 83 C 1618.

793 F.Supp. 783 (1992)

HAROCO, INC., et al., Plaintiffs, v. AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, et al., Defendants.

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

April 20, 1992.

Attorney(s) appearing for the Case

Ronald L. Futterman, Aram A. Hartunian, Robert C. Howard, James Gerard Bradtke, Phyllis L. Crocker, Robert Mandel Weissbourd, Steven P. Schneck, Futterman & Howard, Chtd., Chicago, Ill., for plaintiffs.

Don H. Reuben, Winston & Strawn, Michael White Coffield, Kevin Michael Flynn, Alton B. Harris, Coffield, Ungaretti and Harris, Katherine E. Rakowsky, David E. Schoenfeld, Grippo & Elden, James John Stamos, Stamos & Truco, Chicago, Ill., for defendants.

MEMORANDUM AND ORDER

MORAN, Chief Judge.

Back in 1987 this court granted defendants' motion for summary judgment. Their argument then was that only an insignificant number of American National Bank and Trust Company of Chicago (ANB) 90-day unsecured commercial loans were made at rates less than ANB's declared prime rate. Defendants relied upon an analysis of 579 loans of $500,000 or more, only eight of which...

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