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BANK OF RAVENSWOOD v. POLAN

No. 1-91-3916.

628 N.E.2d 194 (1993)

256 Ill. App.3d 469

194 Ill.Dec. 697

BANK OF RAVENSWOOD, Plaintiff, v. Julius POLAN, Defendant, Third-Party Plaintiff/Appellant (Yitzhak Persky, Barry E. Morgen, R. Lawrence Carson, Park Sheridan Associates, Ltd., and Michael L. Pritzker, Third-Party Defendants/Appellees).

Appellate Court of Illinois, First District, Fourth Division.

Rehearing Denied December 7, 1993.

Attorney(s) appearing for the Case

Leonard A. Nelson and Robert C. Goldberg of Schoenberg, Fisher & Newman, Ltd., Chicago, for third-party appellant.

Norman Hanfling of Norman Hanfling & Associates, and Jerome D. Citron, Chicago, for third-party appellees.

Presiding Justice CAHILL delivered the opinion of the court:

This is an appeal from a grant of summary judgment and numerous other orders which denied Julius Polan indemnification for a judgment he paid to the Bank of Ravenswood on two defaulted notes. In his third-party complaint, Polan sought to establish that because of an indemnification agreement signed in 1978, the third-party defendants Barry Morgen, Yitzhak Persky, and R. Lawrence

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