In Re Sinclair
United States Bankruptcy Court, S.D. Illinois
1Opinion of the Court
MEMORANDUM AND ORDER
KENNETH J. MEYERS, Bankruptcy Judge.
This matter is before the Court on two Petitions for Allowance of Administrative Expenses filed by the State Bank of Jersey-ville (hereafter SBJ or movant). It is undisputed that SBJ is an undersecured creditor holding a mortgage on the debtors’ farmland. Movant’s petitions seek a reasonable rent for the use of its collateral for the calendar years 1987 and 1988, respectively. In the petitions, SBJ claims that it is entitled to this rent as an administrative expense pursuant to 11 U.S.C. § 503(b)(3)(D) because it has made a substantial…
2Cases cited10 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Francine Klingman v. Melvin E. LevinsonCourt of Appeals for the Seventh Circuit · 1987
- United States v. International Building Co.Supreme Court of the United States · 1953
- Matter of Patch GraphicsUnited States Bankruptcy Court, W.D. Wisconsin · 1986
- Gerald Balbirer, Norman Brainin v. Jack Austin, B.J. Apparel Corporation v. Jack AustinCourt of Appeals for the Eleventh Circuit · 1986
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3Cited by16 opinions
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- Firearms Import & Export Corp. v. United Capitol Insurance (In Re Firearms Import & Export Corp.)United States Bankruptcy Court, S.D. Florida. · 1991
- In Re StoeckerUnited States Bankruptcy Court, N.D. Illinois · 1991
- In Re National Steel Corp.United States Bankruptcy Court, N.D. Illinois · 2004
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