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IFC CREDIT v. UNITED BUSINESS & INDUS. FED. CREDIT

No. 04 C 5905.

474 F.Supp.2d 945 (2006)

IFC CREDIT CORP., Plaintiff, v. UNITED BUSINESS & INDUSTRIAL FEDERAL CREDIT UNION, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

December 11, 2006.

Attorney(s) appearing for the Case

Vincent Thomas Borst, Debra Rose Devassy, Dorothy Ann Coker, Askounis & Borst, Chicago, IL, for Plaintiff.

Gregory Adam Adamski, Adamski & Conti, Chicago, IL, for Defendant.

MEMORANDUM OPINION AND ORDER

KENNELLY, District Judge.

IFC Credit Corporation (IFC) sued United Business & Industrial Federal Credit Union (UBI) for breach of contract and fraud relating to an equipment lease between UBI and NorVergence, Inc., which NorVergence assigned to IFC. A jury found for UBI on both claims.

IFC has moved for judgment as a matter of law on its breach of contract claim and for a new trial on both claims. It has also...

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