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https://www.gallantgoose.com/2018-12-07-illinois-appeals-court-revives-banks-legal-malpractice-suit-against-its-former-foreclosure-lawfirm/
Hanmi Bank (plaintiff) that claimed its lawyers knowingly misled it down a path of fruitless litigation after voluntarily dismissing its last viable foreclosure action should have been given a chance to plead around its attorneys’ Chuhak & Tecson, P.C. (defendants) statute of limitations defense, an Illinois appeals court held Friday 2018-12-07.
This is a very good analysis and has useful cites involving the applicability (or not) of collateral estoppel, res judicata and statues of limitations – case remanded back to trial court with instructions – good stuff homeowners can use too!
December 7, 2018
Hanmi Bank v. Chuhak & Tecson, P.C.
2018 IL App (1st) 180089
(opinions also attached as PDFs)
entire opinion
Click to access 1180089.pdf
Also relates to IL Supreme Court First Midwest Bank v. Cobo, 2018 IL