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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: appellate procedure

Lender’s Reliance on Predecessor Bank’s Loan Documents Satisfies Business Records Hearsay Rule – IL First Dist.

A commercial guaranty dispute provides the background for the First District’s recent discussion of some signature litigation issues including the voluntary (versus compulsory) payment rule and how that impacts an appeal, the business records hearsay exception, and governing standards for the recovery of attorneys fees. The lender plaintiff in Northbrook Bank & Trust Co. v. …

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Posted byPaulPApril 11, 2018Posted inContract Law, Real estate litigationTags: appellate procedure, attorneys' fees provision, borrower, business records, commercial litigation, fisher kanaris, guarantor, guaranty, hearsay, lender, loan, promissory note, volunary payment
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