Legal Opinion

In re Winer

United States Bankruptcy Court, N.D. Illinois

Decided January 15, 1993No. Bankruptcy No. 90 B 19434PublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OPINION

DAVID H. COAR, Bankruptcy Judge.

This matter came to be heard on the Motions of the Debtor, GARRY WINER, and the Trustee, LEONARD GROUPE, for a Rule to Show Cause why E F & G, LTD. should not be held in Contempt of Court.

Findings of Fact

In 1983, Garry Winer [Winer] formed Challenger Corporation [Challenger] and was Challenger’s sole shareholder and president. Challenger’s Articles of Incorporation authorized 30,000 shares of stock. One thousand shares of stock were actually issued, all to Winer.

To obtain more capital, Challenger entered into a “preliminary understanding” with…

2Cases cited10 opinions

  1. United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
  2. Board of Trade of Chicago v. JohnsonSupreme Court of the United States · 1924
  3. Miller v. Mayer (In Re Miller)United States Bankruptcy Court, M.D. Florida · 1988
  4. Price v. State of IllinoisAppellate Court of Illinois · 1979
  5. Williams v. Stefan (In Re L & S Industries, Inc.)United States Bankruptcy Court, N.D. Illinois · 1991

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3Cited by1 opinion

  1. In Re WinerDistrict Court, N.D. Illinois · 1993

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