Legal Opinion
Bankr. L. Rep. P 74,068 Richard P. Small, D/B/A Rps Mouldings v. Beverly Bank, an Illinois Banking Corporation
Court of Appeals for the Seventh Circuit
Decided July 9, 1991No. 90-1332PublishedCited by 16 opinions
1Opinion of the Court
BAUER, Chief Judge.
In April 1986, Muench Millwork Company (“Muench”) filed a petition for reorganization under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§ 101-1330 (1978). Because it is in the best interest of the creditors to preserve the value of the debtor’s business as a going concern, see Matter of Jartran, Inc., 732 F.2d 584, 586 (7th Cir.1984), Muench was allowed to remain in possession of its assets and continue to operate its business as a debtor-in-possession. Accordingly, on May 9, 1986, the bankruptcy court entered an “Agreed Order for Interim Adequate Protection and for Use…
2Cases cited9 opinions
- In the Matter of Jartran, Inc., Debtor. Appeal of Reuben H. Donnelley Corporation and Sandra C. Tinsley, IncCourt of Appeals for the Seventh Circuit · 1984
- Einoder v. Mount Greenwood Bank (In Re Einoder)United States Bankruptcy Court, N.D. Illinois · 1985
- Rothner v. City of ChicagoCourt of Appeals for the Seventh Circuit · 1991
- Jimmy Ray Rogers and Linda Rogers v. United StatesCourt of Appeals for the Seventh Circuit · 1990
- Hargrove v. Gerill Corp.Appellate Court of Illinois · 1984
4 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- In Re StoeckerUnited States Bankruptcy Court, N.D. Illinois · 1992
- Shields v. Duggan (In Re Dartco, Inc.)United States Bankruptcy Court, D. Minnesota · 1996
- Trans World Airlines, Inc. v. Travellers International AG. (In Re Trans World Airlines, Inc.)United States Bankruptcy Court, D. Delaware · 1994
- United States v. 105,800 Shares of Common Stock of Firstrock Bancorp, Inc.District Court, N.D. Illinois · 1993
- Monfort, Inc. v. Kunkel (In Re Morken)United States Bankruptcy Court, D. Minnesota · 1995
11 more not listed; retrieve them via the Exa API.