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BOULEVARD BANK v. PHILIPS MEDICAL SYSTEMS

No. 91 C 4557.

811 F.Supp. 357 (1993)

BOULEVARD BANK NATIONAL ASSOCIATION, Plaintiff, v. PHILIPS MEDICAL SYSTEMS INTERNATIONAL B.V., a Netherlands corporation, and N.V. Philips' Gloeilampenfabrieken, a Netherlands corporation, Defendants.

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

January 12, 1993.

Attorney(s) appearing for the Case

Robert J. Rubin, Darren B. Watts, Altheimer & Gray, Chicago, IL, for defendants.

Frederic R. Klein, Steven A. Levy, Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Ltd., Chicago, IL, for plaintiff.

ORDER

NORGLE, District Judge.

Before the court are plaintiff's and defendants' cross-motions for summary judgment. For the reasons stated below, the plaintiff's motion is granted and the defendants' motion is denied.

FACTS

In October, 1988, High Tech Medical Parks Development Corporation ("High Tech"), a developer of outpatient care services in South America, contacted the plaintiff, Boulevard Bank National Association ("Boulevard"), for...

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