On January 20th, the Seventh Circuit affirmed the dismissal of a lender liability case. The Court found that, under Illinois law, a demand note's references to due dates and default did not overpower repeated, explicit contract language setting forth the lender's right to demand payment at any time. The defendant bank's request that plaintiff borrower convert the demand note to a term note was not an impermissible threat and could not give rise to a breach of contract claim. Plaintiff's fraud claim fell for failure to plead intent with particularity. Reger Development, LLC v. National City Bank.