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IN THE CIRCUIT COURT OF COOK COUNTY, ILLINOIS

 

 

In the Matter of Possession )
and Control of the Commissioner of Banks ) No. 00 CH 5905
and Real Estate of Independent Trust Corp. )
a/k/a/ Intrust. )
)

ORDER

This matter coming before the Court on the Motion of Joseph Umbach, due notice having been given, the court being advised of the premises:

IT IS HEREBY ORDERED that the motion is granted in part and denied in part:

  1. All post-April 23, 1999 deposits plus appreciation thereon into Mr. Umbach's account are excluded from the Shortfall Allocation;

  2. Umbach's pre-April 23, 1999 deposit of $500,000.00 plus appreciation thereon was deposited into a commingled account and, therefore, was at risk. The Shortfall Allocation shall only be applied to such $500,000.00 only;

  3. The motion to compel discovery is denied as being moot;

  4. The parties shall agree upon the rule of appreciation for pre and post April 23, 1999 deposits.

 

Atty. No. 90443
Name: Amy C. Andrews (Kirkland & Ellis) Date:  September 25, 2000
Attorney for: Receiver 
Address:    200 E. Randolph ENTER: /s/ Judge Sidney A. Jones III    
City/Zip:     Chicago, IL 60601
Telephone: (312) 861-2000

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Last modified: November 23, 2005