Legal Opinion

Leibowitz v. Parkway Bank and Trust Co.

District Court, N.D. Illinois

Decided May 22, 1997No. 97 C 923PublishedCited by 14 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

MAROVICH, District Judge.

Now before the Court is Appellant Parkway Bank and Trust Co.’s (“Parkway”) appeal pursuant to 28 U.S.C. § 158 from an order of the Bankruptcy Court permitting Trustee David P. Leibowitz (“Trustee”) to avoid Debtor Image Worldwide Ltd.’s (“Image Worldwide” or “Debtor”) transfers of accounts receivable to Parkway, and to recover amounts collected by Parkway on those accounts receivable, because Debtor did not receive “reasonably equivalent value” for the transfers as required by the Illinois Uniform Fraudulent Transfer Act (“UFTA”), 740 ILCS…

2Cases cited16 opinions

  1. Rubin v. Manufacturers Hanover Trust Co.Court of Appeals for the Second Circuit · 1981
  2. In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. WellsCourt of Appeals for the Seventh Circuit · 1988
  3. In Re Ebbler Furniture and Appliances, Inc., Debtor. Donald Samson, Trustee v. Alton Banking & Trust Co.Court of Appeals for the Seventh Circuit · 1986
  4. First National Bank v. Minnesota Utility Contracting, Inc. (In Re Minnesota Utility Contracting, Inc.)District Court, D. Minnesota · 1990
  5. Heritage Bank Tinley Park v. Steinberg (In Re Grabill Corp.)United States Bankruptcy Court, N.D. Illinois · 1990

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

3Cited by14 opinions

  1. In Re Image Worldwide, Ltd., Debtor. David P. Leibowitz, Chapter 7 Trustee v. Parkway Bank & Trust Co.Court of Appeals for the Seventh Circuit · 1998
  2. Smith v. AMERICAN FOUNDERS FINANCIAL, CORP.District Court, S.D. Texas · 2007
  3. Prairie Lakes Health Care System, Inc. v. WookeySouth Dakota Supreme Court · 1998
  4. Berland v. Mussa (In Re Mussa)United States Bankruptcy Court, N.D. Illinois · 1997
  5. Riley v. Countrywide Home Loans, Inc. (In re Duplication Management, Inc.)United States Bankruptcy Court, D. Massachusetts · 2013

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

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