Legal Opinion

In Re Kenneth G. Schipper, Debtor. Fulton State Bank, an Illinois Banking Corporation, Individually and Derivatively v. George Schipper

Court of Appeals for the Seventh Circuit

Decided May 22, 1991No. 90-1506PublishedCited by 40 opinions

1Opinion of the Court

BAUER, Chief Judge.

The issue in this bankruptcy appeal is the propriety of a land sale made by the debt- or, Kenneth Schipper. Our story begins in May 1988, two months before Schipper filed for bankruptcy. Early that month, Schipper got an offer from John Dornfeld for some land that Schipper owned in Rock Island County, Illinois. Dornfeld offered Schipper $45,830 for two tracts of land that abutted Dornfeld’s property. Schipper was quite interested, and had his attorney prepare installment contracts for the sale to Dornfeld. Before the deal could be consummated, however, Dornfeld backed out.…

2Cases cited9 opinions

  1. Bankr. L. Rep. P 70,524 in Re Cloyd W. Devers and Barbara Devers, Debtors. Cloyd W. Devers and Barbara Devers v. Bank of Sheridan, MontanaCourt of Appeals for the Ninth Circuit · 1985
  2. In the Matter of Met-L-Wood Corporation, Debtor. Appeal of Constantine John Gekas, Trustee. Constantine John Gekas, Trustee v. Frederick L. PipinCourt of Appeals for the Seventh Circuit · 1988
  3. In Re Continental Air Lines, Inc., Debtor. The Institutional Creditors of Continental Air Lines, Inc. v. Continental Air Lines, Inc.Court of Appeals for the Fifth Circuit · 1986
  4. In the Matter of Edc, Incorporated, Debtors-AppellantsCourt of Appeals for the Seventh Circuit · 1991
  5. In Re Modern Office Supply, Inc.United States Bankruptcy Court, W.D. Oklahoma · 1983

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

3Cited by40 opinions

  1. In Re MartinCourt of Appeals for the Third Circuit · 1996
  2. In the Matter of Richard E. Scott, Debtor. Ronald R. Peterson v. Richard E. Scott, in the Matter of Douglas W. Scott, Debtor. Ronald R. Peterson v. Douglas W. Scott, in the Matter of Douglas H. Scott, Debtor. Ronald R. Peterson v. Douglas H. ScottCourt of Appeals for the Seventh Circuit · 1999
  3. In Re Telesphere Communications, Inc.United States Bankruptcy Court, N.D. Illinois · 1994
  4. Grochocinski v. Zeigler (In Re Zeigler)United States Bankruptcy Court, N.D. Illinois · 2005
  5. LaSalle National Bank v. PerelmanDistrict Court, D. Delaware · 2000

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

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