Legal Opinion

Fisher v. Hamilton (In Re Teknek, LLC)

United States Bankruptcy Court, N.D. Illinois

Decided April 6, 2006No. 18-33107PublishedCited by 21 opinions

1Opinion of the Court

MEMORANDUM OPINION on Tekena USA’s “Motion to Vacate TRO and Appointment of Receiver”

JACQUELINE P. COX, Bankruptcy Judge.

Teknek LLC filed a Chapter 7 bankruptcy case on July 12, 2005, 1 disclosing $73.22 in total assets and total liabilities of $3,788,609.57. Over ninety-nine percent of these liabilities, or approximately $3,779,000, belongs to a single unsecured judgment creditor, Systems Division, Inc. (“SDI”). The two members of the debtor are C.J. Kennett (“Kennett”), who holds an 85% interest, and Sheila Hamilton (“Hamilton”), who holds the remaining 15%.

After the Chapter 7 trustee…

2Cases cited82 opinions

  1. Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
  2. De Beers Consolidated Mines, Ltd. v. United StatesSupreme Court of the United States · 1945
  3. Grupo Mexicano De Desarrollo, S. A. v. Alliance Bond Fund, Inc.Supreme Court of the United States · 1999
  4. Deckert v. Independence Shares Corp.Supreme Court of the United States · 1940
  5. Barry C. Cosgrove, Cross-Appellee v. Joseph Bartolotta and Mary-Bart, Llc, Doing Business as Bartolotta's Lake Park BistroCourt of Appeals for the Seventh Circuit · 1998

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3Cited by21 opinions

  1. Flentye v. KathreinDistrict Court, N.D. Illinois · 2007
  2. Brown v. Phillips (In Re Phillips)United States Bankruptcy Court, N.D. Illinois · 2007
  3. Faulkner v. Kornman (In Re Heritage Organization, L.L.C.)United States Bankruptcy Court, N.D. Texas · 2009
  4. Grochocinski v. Knippen (In Re Knippen)United States Bankruptcy Court, N.D. Illinois · 2006
  5. CLC Creditors' Grantor Trust v. Howard Savings Bank (In Re Commercial Loan Corp.)United States Bankruptcy Court, N.D. Illinois · 2008

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