Florida bank sues over breach of contract

By Lhalie Castillo | May 8, 2018

EDWARDSVILLE — A Florida bank is suing a borrower for allegedly failing to make payments.

EDWARDSVILLE — A Florida bank is suing a borrower for allegedly failing to make payments. 

First Home Bank filed a complaint on May 3, in the Madison County Circuit Court against ITB Capital Inc., doing business as Midas, and Anna M. Thebeau, alleging they failed to perform their contractual obligations.

According to the complaint, the plaintiff alleges that on March 28, 2017, the defendants borrowed $350,000 from the plaintiff. As of May 2, the sum amount of $331,969.91 is due and owing. 

The plaintiff alleges the defendants failed and refused to make payments in accordance with the note.

The plaintiff requests a trial by jury and seeks judgment against the defendants in the amount of $331,969.91, plus interest, and late fees, attorney's fees, costs and expenses and any further relief as the court may deem just and appropriate. 

It is represented by Miles V. Cohen and Paige J. Esterkin of Scott & Kraus LLC in Chicago.

Madison County Circuit Court case number 18-L-600

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Madison County Circuit Court Scott & Kraus LLC

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