In Re David Earl VAN DYKE and Carol Jean Van Dyke, Debtors-Appellants

The Van Dykes appeal, from a decision of the United States District Court for the Northern District of Illinois that the bankruptcy court properly allowed appellees’ claims as creditors against the Van Dykes. The Van Dykes had argued that appellees’ claims could be allowed only if their acceptance of David Van Dyke’s offer to repurchase certain securities were in compliance with Ill.Rev.Stat., ch. 121'A, § 137.13. 1 Be cause appellees 2 had not tendered their securities at the time they gave Van Dyke notice of acceptance, the Van Dykes contended that appellees had not validly accepted the…