In Re Farley, Inc.
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION ON OHIO’S MOTION FOR RECONSIDERATION OF DISALLOWANCE OF CLAIM NO. 509
JACK B. SCHMETTERER, Bankruptcy Judge.
This bankruptcy case was started on July 24, 1991, by filing of an involuntary petition against Farley Inc. (“Farley” or “Debtor”) under Chapter 7 of the Bankruptcy Code, 11 U.S.C. § 101, et seq. Farley consented to entry of an order for relief, and exercised its right under 11 U.S.C. § 706(a) to convert the proceeding to one under Chapter 11 of the Bankruptcy Code. Farley operated as debt- or-in-possession until December 1, 1992, when its Fourth Amended Plan of…
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