Legal Opinion
In re McClellan
District Court, C.D. Illinois
Decided March 26, 1993No. Bankruptcy No. 184-00271PublishedCited by 1 opinion
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
Monty P. McClellan, (Debtor) is a doctor. Prior to his bankruptcy filing he practiced medicine through a professional corporation, M & S Medical Center S.C. (M & S), which established ERISA qualified profit-sharing and pension plans (PLANS). Also prior to his bankruptcy filing the National Bank of Monmouth (BANK), on February 9, 1984, took a judgment against him for $150,145.53. Shortly thereafter, on February 14, 1984, both the Debtor and M & S filed Chapter 11 bankruptcy cases. The two cases were consolidated and a Trustee was appointed.
On…
2Cases cited8 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Patterson v. ShumateSupreme Court of the United States · 1992
- Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
- In Re Charles W. Graham, Debtor. Edward F. Samore, Trustee v. Charles W. Graham, Trustee of the Charles W. Graham, M.D. Ltd. Profit Sharing Plan TrustCourt of Appeals for the Eighth Circuit · 1984
- United States v. Monty Phillip McClellanCourt of Appeals for the Seventh Circuit · 1989
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3Cited by1 opinion
- National Bank of Monmouth v. Fesler (In re McClellan)District Court, C.D. Illinois · 1993