Legal Opinion
Illinois v. Daiwa Special Asset Corp. (In Re Doctors Hospital of Hyde Park)
District Court, N.D. Illinois
Decided July 31, 2002No. 02 C 1822PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ASPEN, District Judge.
Doctors Hospital of Hyde Park, Inc. (“Doctors Hospital”) filed for bankruptcy on April 17, 2000. The State of Illinois (“State”) acknowledges that it owes Doctors Hospital approximately $182,000 in Medicaid reimbursements, but it asked the bankruptcy court to setoff against this amount approximately $562,000 in taxes and penalties allegedly owed to it by Doctors Hospital. Daiwa Special Asset Corporation (“Daiwa”) objected, claiming that it held a perfected security interest in Doctor Hospital’s healthcare receivables. The bankruptcy court…
2Cases cited7 opinions
- Schiro v. W. E. Gould & Co.Illinois Supreme Court · 1960
- Illinois Bankers Life Ass'n v. CollinsIllinois Supreme Court · 1930
- Selcke v. New England Insurance CompanyCourt of Appeals for the Seventh Circuit · 1993
- In the Matter of Lefkas General Partners, Nos. 1017, 1018, & 1020, Debtors. Appeal of O'Brien & Assoc., IncCourt of Appeals for the Seventh Circuit · 1997
- In Re Marriage of LaskyIllinois Supreme Court · 1997
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3Cited by2 opinions
- In Re: Doctors Hospital of Hyde Park, Inc., Debtor. Appeal Of: Daiwa Special Asset CorporationCourt of Appeals for the Seventh Circuit · 2003
- Daiwa Special Asset v. State of IllinoisCourt of Appeals for the Seventh Circuit · 2003