Legal Opinion

Reinbold v. Morton Community Bank (In re Mid-Illini Hardwoods, LLC)

United States Bankruptcy Court, C.D. Illinois

Decided October 19, 2017No. Case No. 13-81354; Adv. No. 14-8075PublishedCited by 16 opinions

1Opinion of the Court

OPINION

Thomas L. Perkins, United States Bankruptcy Judge

This matter is before the Court on cross-motions for summary judgment on the complaint filed by Jeana K. Reinbold (the “Trustee”), against Morton Community Bank (MCB). Ms. Reinbold is serving as the Trustee in the Chapter 7 bankruptcy case filed by Mid-Illini Hardwoods, LLC (the “Debtor”). She filed suit against MCB to avoid and recover ten payments made by the Debtor to MCB between November 5, 2010, and August 12, 2011, totaling $22,100, as constructively fraudulent under the Uniform Fraudulent Transfer Act.

BACKGROUND

The basic facts are…

2Cases cited38 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Stern v. MarshallSupreme Court of the United States · 2011
  5. Commodity Futures Trading Commission v. SchorSupreme Court of the United States · 1986

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3Cited by16 opinions

  1. Awad Odeh & Julia Salameh v. Ahmad ZahdanUnited States Bankruptcy Court, N.D. Illinois · 2024
  2. Brown v. DouglasUnited States Bankruptcy Court, N.D. Texas · 2021
  3. Brown v. DouglasUnited States Bankruptcy Court, N.D. Texas · 2021
  4. Dymarkowski v. McConeglyUnited States Bankruptcy Court, N.D. Ohio · 2021
  5. In re: Mack Industries, Ltd., et al. v. Premier Electric Services Corp.United States Bankruptcy Court, N.D. Illinois · 2021

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