Legal Opinion

Capital Factors, Inc. v. Kmart Corp.

District Court, N.D. Illinois

Decided April 10, 2003No. 02 C 1264PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OPINION

GRADY, District Judge.

Capital Factors, Inc. appeals from four final orders of the bankruptcy court that authorized Kmart to pay certain prepetition obligations. For the reasons explained below, the bankruptcy court’s orders are reversed.

BACKGROUND

On January 22, 2002, Kmart Corporation and certain of its domestic subsidiaries and affiliates, debtors and debtors-in-possession (collectively, “Kmart”) filed a voluntary petition for reorganization pursuant to Chapter 11 of the United States Bankruptcy Code. As part of its “first day motions” filed on that date, Kmart sought…

2Cases cited19 opinions

  1. Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
  2. In the Matter Of: Unr Industries, Inc., Debtors. Appeals of Unarco Bloomington Factory WorkersCourt of Appeals for the Seventh Circuit · 1994
  3. In the Matter of Oxford Management, Inc., Debtor. Michael Chiasson, Trustee of Chapter 7 Bankruptcy Estate of Oxford Management, Inc. v. J. Louis Matherne and Associates, in the Matter of Oxford Management Inc., Debtor. Michael Chiasson, Trustee of Chapter 7 Bankruptcy Estate of Oxford Management, Inc. v. Katherine A. BinglerCourt of Appeals for the Fifth Circuit · 1993
  4. Terry Logan v. Caterpillar, Inc., Rita Knapp, David Wendling, Eric Rueschhoff, and Wendy Watta F/k/a VosbergCourt of Appeals for the Seventh Circuit · 2001
  5. In Re Edwin R. Smith, Debtor-Appellee. Appeal of Jerry WatsonCourt of Appeals for the Seventh Circuit · 2002

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

3Cited by8 opinions

  1. In re Kmart Corp.Court of Appeals for the Seventh Circuit · 2004
  2. All Trac Transportation, Inc. v. Transportation Alliance Bank (In Re All Trac Transportation, Inc.)United States Bankruptcy Court, N.D. Texas · 2004
  3. In the Matter Of: Kmart Corporation, Debtor-Appellant Additional Intervening Appellants: Knight-Ridder, Inc. Handleman Company Irving Pulp & Paper, LimitedCourt of Appeals for the Seventh Circuit · 2004
  4. Jenkins v. Select Portfolio Servicing, Inc. (In re Jenkins)District Court, E.D. Illinois · 2018
  5. Jenkins v. Select Portfolio Servicing, Inc as agent for U.S. Bank, N.A.District Court, N.D. Illinois · 2018

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API