In the Matter of Gladstone Glen, a Partnership, Debtor. Appeal of Michael Sparks
Court of Appeals for the Seventh Circuit
1Opinion of the Court
PELL, Circuit Judge.
On September 23,1977, Gladstone Glen, a partnership, commenced this action seeking relief under Chapter XII of the Bankruptcy Act of 1898. 1 The partnership alleges that its sole asset is an apartment complex in Wheeling, Illinois, and that it is unable to pay its debts as they mature. Among the creditors that Gladstone Glen is unable to pay are Alden Apartments and Wheeling Apartments, partnerships of which the appellant, Michael Sparks, is the general partner. During the pendency of proceedings on Gladstone Glen’s petition before the bankruptcy court, the appellant filed…
2Cases cited18 opinions
- Segal v. RochelleSupreme Court of the United States · 1966
- Board of Trade of Chicago v. JohnsonSupreme Court of the United States · 1924
- People v. Chicago Title & Trust Co.Illinois Supreme Court · 1979
- Colonial Realty Investment Co. v. MartinCourt of Appeals for the First Circuit · 1975
- In Re Treasure Island Land TrustUnited States Bankruptcy Court, M.D. Florida · 1980
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3Cited by33 opinions
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- In Re K & L Limited, Debtor. Scott Weng and Universal Hospitality Management, Inc. v. Albert Farb, Trustee for K & L LimitedCourt of Appeals for the Seventh Circuit · 1984
- Albion Production Credit Ass'n v. Langley (In Re Langley)United States Bankruptcy Court, N.D. Indiana · 1983
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