Daniel Hoseman, Trustee v. Sidney Weinschneider
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KANNE, Circuit Judge.
Bankruptcy Trustee Daniel Hoseman appeals the entry of judgment in favor of Debtor Sidney Weinschneider. The Trustee contends that Weinschneider’s claim for 23% of the profits of G.W. Burton, asserted by Weinschneider in a 1996 lawsuit against the company and its principals, is rightfully part of the bankruptcy estate, and the Trustee brought this declaratory judgment action to settle the issue. Weinschneider argues that his claim against Burton is not part of the bankruptcy estate and, even if it is, the Trustee signed a waiver of claims against Weinsch-neider as well as…
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