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· 1/25/1988

McLean County Bank v. Brokaw

Citations

  • 519 N.E.2d 453
  • 119 Ill. 2d 405
  • 116 Ill. Dec. 561
  • 1988 Ill. LEXIS 18

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding a co-obligor released from liability because she was not a party to a subsequent, substitute contract signed by the other co-obligor
  • finding a co-obligor released from liability because she was not a party to a subsequent, substitute contract signed by the other co-obligor
  • “The function of the court is to effectuate, if ascertainable, the intent of the parties to the contract.”
  • where parents acted as guarantors for loans to their son, the court stated that the creditor was not required “to take any unusual steps to assure himself that [the parents were] acquainted with facts which [the creditor] may assume are known to both of them”

Source: CourtListener parenthetical corpus (CC0).

Judges: Ward, Cunningham

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.