Legal Opinion

In Re Markos Gurnee Partnership

United States Bankruptcy Court, N.D. Illinois

Decided April 1, 1997No. 19-04127PublishedCited by 13 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

EUGENE R. WEDOFF, Bankruptcy Judge.

These bankruptcy cases, originally filed separately under Chapter 11 but later consolidated and converted to Chapter 7, are now before the court on the motion of a secured creditor for payment of an escrow account. The escrow account was established to provide adequate protection to the moving creditor while the bankruptcy estate was being operated by a Chapter 11 trustee. The issue ultimately raised by the creditor’s motion is how to treat allowances for adequate protection when the allowances prove unnecessary to offset a decline in…

2Cases cited14 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
  3. In the Matter of Mack L. Killebrew and Delores B. Killebrew, Debtors. Mack L. Killebrew and Delores B. Killebrew v. Charles A. BrewerCourt of Appeals for the Fifth Circuit · 1989
  4. In Re Addison Properties Ltd. PartnershipUnited States Bankruptcy Court, N.D. Illinois · 1995
  5. In Re Duval Manor AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1996

9 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Delaware Trust Co. v. Wilmington Trust, N.A.District Court, S.D. New York · 2015
  2. In Re Cafeteria Operators, L.P.United States Bankruptcy Court, N.D. Texas · 2003
  3. In re Elk Grove Village PetroleumUnited States Bankruptcy Court, N.D. Illinois · 2014
  4. HSBC Bank USA v. UAL Corp. (In Re UAL Corp.)United States Bankruptcy Court, N.D. Illinois · 2006
  5. In re Settlers' Housing Service, Inc.United States Bankruptcy Court, N.D. Illinois · 2014

8 more not listed; retrieve them via the Exa API.

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