Legal Opinion
Corporate Assets, Inc. v. Paloian (In Re GGSI Liquidation, Inc.)
District Court, N.D. Illinois
Decided July 11, 2002No. 02 C 2056PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
BUCKLO, District Judge.
Corporate Assets, Inc. (“CAI”) was a bidder at an auction sale in the Chapter 11 bankruptcy case of Goss Holdings, Inc. and Goss Graphic Systems, Inc. (“Debtors”). It submitted the highest bid at an auction, but Judge Carol A. Doyle of the bankruptcy court allowed the Debtors to re-open the bidding when a higher bid came in. CAI was the highest bidder at the second phase of the auction, but its winning bid was $352,500 higher than its original bid. It appeals the bankruptcy court’s confirmation of the sale and denial of administrative costs.…
2Cases cited8 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
- In the Matter of Chung King, Inc., Debtor. Appeal of Michael T. NigroCourt of Appeals for the Seventh Circuit · 1985
- In Re FOOD BARN STORES, INC., Debtor. FOUR B. CORPORATION, Creditor—Appellant, v. FOOD BARN STORES, INC., Debtor—AppelleeCourt of Appeals for the Eighth Circuit · 1997
- In re Gil-bern Industries, Inc.Court of Appeals for the Fifth Circuit · 1975
- In re Muscongus Bay Co.Court of Appeals for the First Circuit · 1979
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Corporate Assets, Inc. v. PaloianCourt of Appeals for the Seventh Circuit · 2004
- In re Sunland, Inc.United States Bankruptcy Court, D. New Mexico · 2014
- Corporate Assets Inc v. Paloian, Gus A.Court of Appeals for the Seventh Circuit · 2004
- In Re Hart's Manufacturing Co.United States Bankruptcy Court, W.D. Tennessee · 2008
- Parkcliffe Development LLCUnited States Bankruptcy Court, N.D. Ohio · 2025