Reger Dev. LLC v. Nat'l City Bank, No. 09-2821

In plaintiff's breach of contract action against the defendant-Bank involving loans through a revolving line of credit supported by a promissory note, district court's dismissal of the complaint is affirmed where: 1) the note entitles defendant to demand payment from plaintiff at will; and 2) plaintiff has failed to establish the intent element of his fraud claim.   

Read Reger Dev. LLC v. Nat'l City Bank, No. 09-2821

Appellate Information

Appeal from the United States District Court for the Northern District of Illinois, Eastern Division

Decided January 20, 2010

Judges

Before: Flaum, Williams, and Sykes, Circuit Judges

Opinion by Circuit Judge  Flaum