· 2/6/1991
State Street Bank and Trust Co. v. INA Ins. Co.
Citations
- 567 N.E.2d 42
- 207 Ill. App. 3d 961
- 153 Ill. Dec. 327
- 1991 Ill. App. LEXIS 145
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a bank’s decision to collect on a defaulted loan was a “professional service” because it involved the exercise of business judgment in conducting the bank’s principal business activity
- PSE applied to insured bank's loan collection actions because they \arose from [bank's] exercise of its business judgment in conducting its principal business activity\
- PSE applied to insured bank’s loan collection actions because they “arose from [bank’s] exercise of its business judgment in conducting its principal business activity”
Source: CourtListener parenthetical corpus (CC0).
Judges: Knecht
Read full opinion on CourtListenerSourced 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.