One of Chicago's largest banks

June 18, 2013

Represented one of Chicago's largest banks in a lawsuit brought by a commercial borrower alleging the bank caused more than $30 million in damages and the downfall of its company when the bank improperly declared an event of default under the loan documents, failed to approve an infusion of capital through mezzanine financing, tortiously interfered with prospective business relationships and wrongfully dishonored checks. After granting the bank summary judgment regarding breach of approximately $6 million in loans, the court entered judgment in favor of the bank on the borrower’s remaining claims after a bench trial that extended over the course of a year.
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