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Northbook Bank seeks payment of $978,797 in sale proceeds

COOK COUNTY RECORD

Sunday, November 24, 2024

Northbook Bank seeks payment of $978,797 in sale proceeds

Law money 12

CHICAGO — Northbrook Bank and Trust Co. is suing MOB Ventures LLC, Steven Disse, Matthew Wilbur, Christopher Wojcicki, Decker Family Investments LLC, Eric Kerlow, Sasha Kerlow, Philip Greco, David Cooper and Winston Properties LLC, citing alleged breach of contract and breach of duty.

Northbrook filed a complaint July 3 in Cook County Circuit Court, alleging the defendants have refused to pay a $978,796 share of sale proceeds that belong to the plaintiff as successor in interest to First Chicago Bank and Trust, which previously acquired collateral in the form of a membership interest in defendant MOB. 

The plaintiff requests a trial by jury and seeks a judgment in the amount of $978,796, plus interest and further relief as the court deems proper. It is represented by Cohen, Salk & Huvard PC.

Cook County Circuit Court case number 18-L-6984

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