Legal Opinion
In Re Grove
United States Bankruptcy Court, C.D. Illinois
Decided May 26, 1989No. 19-70283PublishedCited by 7 opinions
1Opinion of the Court
OPINION AND ORDER
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
The Debtor, WAYNE M. GROVE, was a director and officer of the State Bank of Cuba (Bank). His wife and co-debtor, LINDA L. GROVE, was a director of the Bank. 1 In February of 1986 a shareholder derivative action (Gibson Action) was filed in state court against the Debtors and other directors of the Bank. Count I was directed against Wayne, alleging that in acting as a loan officer he made imprudent loans and disregarded established principles of banking and the policies of the Bank which led the Bank to suffer losses. Count II is…
2Cases cited13 opinions
- In Re Johns-Manville Corp.United States Bankruptcy Court, S.D. New York · 1986
- In Re Christian Life CenterCourt of Appeals for the Ninth Circuit · 1987
- In Re LembkeUnited States Bankruptcy Court, D. North Dakota · 1988
- Wimmer v. Mann (In Re Mann)United States Bankruptcy Court, W.D. Virginia · 1986
- In Re Bock Laundry MacHine Co.United States Bankruptcy Court, N.D. Ohio · 1984
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Federal Deposit Ins. Corp. v. ZaboracDistrict Court, C.D. Illinois · 1991
- In Re Highland Group, Inc.United States Bankruptcy Court, N.D. Ohio · 1992
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. American Casualty Company of Reading, Pa., Garnishee Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Margie Zaborac, Chester Jacobus, George Baylor, and Harry Tarter, Wayne Grove and Linda Grove, and American Casualty Company of Reading, Pa., GarnisheeCourt of Appeals for the Seventh Circuit · 1993
- Federal Deposit Insurance v. Peterson (In Re Peterson)United States Bankruptcy Court, D. New Mexico · 1990
- In Re Telligenix Corp.United States Bankruptcy Court, M.D. Florida · 2010
2 more not listed; retrieve them via the Exa API.