Knowledge Center

Friday, September 19, 2014

HMB Successful in Obtaining Jury Verdict in Favor of Cole Taylor Bank

Friday, September 19, 2014

Yesterday, Rick S. Rein, Bill Katris, and Alyssa C. Scott of Horwood Marcus & Berk Chartered were successful in obtaining a jury verdict in favor of Cole Taylor Bank. In the case, which is currently pending in the Circuit Court of Cook County, HMB represents Cole Taylor Bank in an action for damages from the defendant's breach of a loan guaranty. At issue at the jury trial was the authenticity of the guaranty under which Cole Taylor Bank is seeking damages. After introduction of evidence by both parties, and following short deliberation, the jury concluded that the guaranty was authentic, finding in favor of Cole Taylor Bank.

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