Legal Opinion

In the Matter of Carousel International Corporation, Debtor. Appeal of Lincoln Office Supply Company, Incorporated

Court of Appeals for the Seventh Circuit

Decided July 10, 1996No. 96-1098PublishedCited by 29 opinions

1Opinion of the Court

ESCHBACH, Circuit Judge.

Lincoln Office Supply, Inc., (hereinafter “Lincoln”) sought to set aside as void liens filed by the creditors of Carousel International Corporation’s shareholders. When the liens in question were filed, they were filed against $250,000 held in escrow by Carousel International Corporation’s bankruptcy trustee, pending a final determination as to whether the funds were the property of Carousel’s shareholders or property of the bankruptcy estate. Lincoln argued that because the bankruptcy estate had a claim to the money, the entire $250,000 was part of the bankruptcy…

2Cases cited3 opinions

  1. In the Matter of Daniel J. YONIKUS and Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUSCourt of Appeals for the Seventh Circuit · 1993
  2. In the Matter of Daniel J. Yonikus and Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YonikusCourt of Appeals for the Seventh Circuit · 1992
  3. In the Matter of Wayco, Incorporated, Debtor. Appeal of Clifton G. Owens, Trustee of Bankruptcy of Wayco IncorporatedCourt of Appeals for the Seventh Circuit · 1991

3Cited by29 opinions

  1. In Re: Mary L. Polis, Debtor-Appellant Mary L. Polis, Plaintiff-Appellant,. v. Getaways, Inc.Court of Appeals for the Seventh Circuit · 2000
  2. Liberty Mutual Insurance v. Official Unsecured Creditors' Committee of Spaulding Composites Co. (In Re Spaulding Composites Co.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1997
  3. International Tobacco Partners, Ltd. v. Ohio (In re International Tobacco Partners, Ltd.)United States Bankruptcy Court, E.D. New York · 2011
  4. Davenport v. S.I. Securities (In Re Davenport)United States Bankruptcy Court, N.D. Illinois · 2001
  5. Holstein v. Knopfler (In Re Holstein)United States Bankruptcy Court, N.D. Illinois · 2005

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