· 3/6/1998
Teachers Insurance & Annuity Ass'n of America v. La Salle National Bank
Citations
- 691 N.E.2d 881
- 295 Ill. App. 3d 61
- 229 Ill. Dec. 408
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that the ICAA barred a defendant’s fraud, breach of fiduciary duty, and estoppel counterclaims, which arose from the defendant’s allegation that the plaintiff made false oral promises to restructure a loan
- holding that the asserting party has “not pointed to anything in the written credit agreement that would support a finding that defendants placed great trust in and relied on plaintiff as to any of the terms in the written credit agreement.”
- rejecting cases that construed Minnesota's similar statute to permit borrowers to assert counterclaims and affirmative defenses based on credit agreements in lender suits
Source: CourtListener parenthetical corpus (CC0).
Judges: Doyle
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.