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MERCANTILE HOLDINGS, INC. v. FELDMAN

No. 1-93-0317.

630 N.E.2d 965 (1994)

258 Ill. App.3d 748

196 Ill.Dec. 800

MERCANTILE HOLDINGS, INC., Plaintiff-Appellant, v. David E. FELDMAN, Defendant-Appellee.

Appellate Court of Illinois, First District, Fifth Division.

Rehearing Denied March 14, 1994.

Attorney(s) appearing for the Case

Hedberg, Tobin, Flaherty & Whalen (Edward J. Whalen, of counsel), Chicago, for plaintiff-appellant.

Berkson, Gorov & Levin, Ltd. (Arthur M. Gorov, of counsel), Chicago, for defendant-appellee.

Presiding Justice MURRAY delivered the opinion of the court:

Plaintiff, Mercantile Holding, Inc. (Mercantile), appeals from an order of the circuit court dismissing its second-amended complaint against defendant, David E. Feldman (Feldman), with prejudice. For reasons we will discuss, we affirm the dismissal with prejudice entered in this case.

In 1980 the American National Bank and Trust Company (American National), predecessor in interest to Mercantile,...

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