Legal Opinion

In Re Park Place Associates

United States Bankruptcy Court, N.D. Illinois

Decided August 31, 1990No. 15-26256PublishedCited by 18 opinions

1Opinion of the Court

MEMORANDUM OPINION ON HELLER MOTION FOR SANCTIONS

JACK B. SCHMETTERER, Bankruptcy Judge.

On July 26, 1989 Park Place Associates, an Illinois limited partnership (“Park Place or Debtor”), filed in this case a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. Shortly thereafter Heller Financial, Inc. (“Heller”), the principal secured creditor of Park Place, moved to lift the automatic stay under 11 U.S.C. § 362 and/or to dismiss the case pursuant to 11 U.S.C. § 1112(b). The latter motion was allowed and this case was dismissed.

Heller then moved under Bankruptcy Rule 9011 for…

2Cases cited22 opinions

  1. Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
  2. Pavelic & LeFlore v. Marvel Entertainment Group, Div. of Cadence Industries Corp.Supreme Court of the United States · 1990
  3. In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
  4. Mars Steel Corp. v. Continental Bank N.A.Court of Appeals for the Seventh Circuit · 1989
  5. In the Matter of American Reserve Corporation, Debtor. Appeal of Clear and Doris Elaine HuddlestonCourt of Appeals for the Seventh Circuit · 1988

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

3Cited by18 opinions

  1. In Re CollinsUnited States Bankruptcy Court, N.D. Illinois · 2000
  2. In Re KTMA Acquisition Corp.United States Bankruptcy Court, D. Minnesota · 1993
  3. Baermann v. Ryan (In Re Ryan)United States Bankruptcy Court, N.D. Illinois · 2009
  4. In Re McCormick Road AssociatesDistrict Court, N.D. Illinois · 1991
  5. Volpert v. Ellis (In Re Volpert)United States Bankruptcy Court, N.D. Illinois · 1995

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

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