Legal Opinion

In Re Ben Franklin Retail Store, Inc.

United States Bankruptcy Court, N.D. Illinois

Decided November 27, 1996No. 19-05063PublishedCited by 10 opinions

1Opinion of the Court

MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

This matter is before this Court on the Motion of LaSalle National Bank (“LaSalle”) to modify the automatic stay to allow it to exercise its right of setoff against three accounts of the debtor, including a $1 million certificate of deposit account (“Motion”). On October, 16, 1996, by an oral ruling, this Court denied the Motion to the extent it requested relief from the stay to set off amounts due the Bank against the Certificate of Deposit. On November 4, 1996, LaSalle filed a motion requesting reconsideration of that oral ruling (“Motion…

2Cases cited8 opinions

  1. Am International, Incorporated v. Graphic Management Associates, IncorporatedCourt of Appeals for the Seventh Circuit · 1995
  2. United States v. Butterworth Judson Corp.Supreme Court of the United States · 1925
  3. Constructora Maza, Inc. v. Banco De PonceCourt of Appeals for the First Circuit · 1980
  4. Mid-City National Bank v. Mar Building Corp.Appellate Court of Illinois · 1975
  5. United States v. Maxwell (In Re Pyramid Industries, Inc.)United States Bankruptcy Court, N.D. Illinois · 1994

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3Cited by10 opinions

  1. In Re United Air Lines, Inc., Debtor. U.S. Bank National Association, Cross-Appellee v. United Air Lines, Inc., Debtor-AppelleeCourt of Appeals for the Seventh Circuit · 2006
  2. Bank of America, N.A. v. Lehman Bros. Holdings Inc. (In Re Lehman Bros. Holding Inc.)United States Bankruptcy Court, S.D. New York · 2010
  3. In Re New Haven Foundry, Inc.United States Bankruptcy Court, E.D. Michigan · 2002
  4. Wiscovitch-Rentas v. Banco Popular De Puerto Rico (In re Rivera)Bankruptcy Appellate Panel of the First Circuit · 2019
  5. Sarachek v. Luana Savings BankDistrict Court, N.D. Iowa · 2016

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

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