First Trust National Ass'n v. American National Bank & Trust Co. (In Re Adventist Living Centers, Inc.)
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
SUSAN PIERSON SONDERBY, Bankruptcy Judge.
BACKGROUND
Adventist Living Centers, Inc. (“Debtor”) leased a nursing home facility located in Belleville, Illinois known as Notre Dame Hills Convalescent Center (“Notre Dame”) from Belleville Associates, Ltd. pursuant to a ten-year lease commencing on January 1, 1987 (the “Lease”). Belleville Associates, Ltd. was the owner of the real property on which Notre Dame was located, and a beneficiary under Trust No. 100985-07. The legal titleholder of that property was American National Bank and Trust Co. (collectively referred to as…
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- Charles E. Egger v. Harlan C. PhillipsCourt of Appeals for the Seventh Circuit · 1983
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