In Re Ascher
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
JACK B. SCHMETTERER, Bankruptcy Judge.
Michael Brogan, Edward Long, and James Kelly (the “Movants”) moved for relief from the automatic stay pursuant to 11 U.S.C. § 362(d). They seek to remain in possession of the commercial laundry facility located in Harvard, Illinois, doing business as Royal Laundry Systems, in order to realize the value of their security interest. This motion was consolidated for trial with two Adversary matters, All-American Laundry Service, Inc. et al. v. First State Bank of Harvard, et al., and Schauwecker v. Ascher, 141 B.R. 652…
2Cases cited6 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- 15 Collier bankr.cas.2d 563, Bankr. L. Rep. P 71,437 in Re McKeesport Steel Castings Company. In Re McKeesport Steel Castings Company, Debtor. Equitable Gas Co. v. Equibank N.A., Condec Corporation. Appeal of Equitable Gas Company, a Division of Equitable Resources, Inc., MovantCourt of Appeals for the Third Circuit · 1986
- Matter of Reda, Inc.United States Bankruptcy Court, N.D. Illinois · 1985
- In Re Opelika Manufacturing Corp.United States Bankruptcy Court, N.D. Illinois · 1986
- Bank of America National Trust & Savings Ass'n v. Virginia Hill Partners I (In Re Virginia Hill Partners I)United States Bankruptcy Court, N.D. Georgia · 1989
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3Cited by1 opinion
- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993