Illinois Bell Telephone Co. v. Wolf Furniture House, Inc.
Appellate Court of Illinois
1Opinion of the Court
PRESIDING JUSTICE SCARIANO
delivered the opinion of the court:
In order to satisfy a judgment obtained against Wolf Furniture House, Inc. (Wolf Furniture), Illinois Bell Telephone Company (IBT) brought this action seeking a turnover of funds held in a money market account at Mid-City National Bank of Chicago (Mid-City) in the name of James E. Carmel (Carmel), as trustee for Wolf. The trial court denied IBT’s petition. We reverse.
Because it was experiencing financial difficulties, in May 1982 Wolf Furniture decided to cease doing business and convened several meetings of its creditors regarding…
2Cases cited24 opinions
- Pobreslo v. Joseph M. Boyd Co.Supreme Court of the United States · 1933
- Fox v. FoxIllinois Supreme Court · 1911
- Farwell v. NilssonIllinois Supreme Court · 1890
- Calumet Paper Co. v. Haskell Show Printing Co.Supreme Court of Missouri · 1898
- Russell v. United StatesDistrict Court, N.D. Illinois · 1966
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3Cited by9 opinions
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- Federal Deposit Insurance, Corp. v. FBOP Corp.District Court, N.D. Illinois · 2017
- CONSOL. PIPE & SUPPLY CO., INC. v. Rovanco Corp.District Court, N.D. Illinois · 1995
- First Bank v. Unique Marble & Granite Corp.Appellate Court of Illinois · 2010
- In re Stainless Sales Corp.United States Bankruptcy Court, N.D. Illinois · 2018
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