Exchange National Bank of Chicago v. Harold Daniels and Irene Daniels

U.S. Court of Appeals, Seventh Circuit · Decided 1985-07-12

Cited by 135 later decision(s) in our corpus · see the citation network in Lexace

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EASTERBROOK, Circuit Judge. Harold Daniels is the maker of a $4.5 million note, which his wife Irene Daniels guaranteed. The Danielses (the Borrowers) have a cattle business in New Mexico. They borrowed the money from Exchange National Bank (the Bank) over several years. They used the money to finance that business — and, as it turns out, a joint venture in which they were partn…

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