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Legal Opinion

In re Tires N Tracks, Inc.

United States Bankruptcy Court, N.D. Illinois

Decided August 27, 2013No. Bankruptcy No. 13 B 05090PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM OPINION

DONALD R. CASSLING, Bankruptcy Judge.

In this case, two Illinois judgment lien creditors are competing for priority as to the Debtor’s personal assets. As of the date of filing the Debtor’s bankruptcy petition, both creditors held valid judgment liens arising from Illinois citations to discover assets.1 After the bankruptcy case was filed, the senior lien-holder, Vermeer-Ulinois, Inc. (“Vermeer”), dismissed its citation proceedings to avoid violating the automatic stay. The junior lien-holder, Laser Construction, Inc. (“Laser”), took advantage of that dismissal and objected…

2Cases cited16 opinions

  1. Dewsnup v. TimmSupreme Court of the United States · 1992
  2. Salem, Maurice J. v. Neshewat, MichaelCourt of Appeals for the Seventh Circuit · 2006
  3. Connecticut General Life Insurance v. Schaumburg Hotel Owner Ltd. Partnership (In Re Schaumburg Hotel Owner Ltd. Partnership)United States Bankruptcy Court, N.D. Illinois · 1989
  4. In Re CoanUnited States Bankruptcy Court, N.D. Illinois · 1989
  5. Schwinn Plan Committee v. Transamerica Insurance Finance Corp. (In Re Schwinn Bicycle Co.)United States Bankruptcy Court, N.D. Illinois · 1996

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3Cited by7 opinions

  1. In re KuzniewskiUnited States Bankruptcy Court, N.D. Illinois · 2014
  2. In re WadeUnited States Bankruptcy Court, N.D. Illinois · 2018
  3. In re Mac-Go Corp.United States Bankruptcy Court, N.D. California · 2015
  4. Brett M KossUnited States Bankruptcy Court, C.D. Illinois · 2021
  5. Concepts America, Inc.United States Bankruptcy Court, N.D. Illinois · 2020

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

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