Appellate Court of Illinois June 29, 2007, 1-05-2269 (Apa v. National Bank of Commerce)

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United States · · · 29-06-2007

JUSTICE McNULTY

delivered the opinion of the court:

Defendant John Owens used a loan from defendant National Bank of Commerce to finance the purchase of a bus. After selling the bus to plaintiff Patrick Apa, a charter operator who did not know of the bank’s interest, Owens defaulted on the bank loan.

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