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· 6/17/1988

Northern Trust Co. v. Burlew

Citations

  • 525 N.E.2d 1123
  • 171 Ill. App. 3d 1000
  • 121 Ill. Dec. 816
  • 6 U.C.C. Rep. Serv. 2d (West) 1584
  • 1988 Ill. App. LEXIS 906

How courts have described this case

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

  • refusing to find a fiduciary relationship between a debtor and a creditor which would give rise to a constructive trust in collateral
  • where the debtor pledged shares of its common stock to secure bank loans and the note granted the bank the right to sell the stock upon default, there was nothing in the record to suggest that the relationship was anything other than creditor-debtor
  • where the debtor pledged shares of its common stock to secure bank loans and the note granted the bank the right to sell the stock upon default, there was nothing in the record to suggest that the relationship was anything other than creditor-debtor

Source: CourtListener parenthetical corpus (CC0).

Judges: Lorenz

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.