Legal Opinion

Foluke v. Peoples Gas Light & Coke Co. (In Re Foluke)

United States Bankruptcy Court, N.D. Illinois

Decided April 9, 1984No. 16-23344PublishedCited by 19 opinions

1Opinion of the Court

MEMORANDUM OPINION

FREDERICK J. HERTZ, Bankruptcy Judge.

I

The issue presented to this Court ultimately concerns the question of when does a creditor’s judgment attach to intangible personal property of a debtor. The resolution of this issue will determine whether the defendant herein, Peoples Gas Light and Coke Company (the “defendant”), received a preferential transfer pursuant to 11 U.S.C. § 547 (Supp. V 1981).

II

The defendant obtained a judgment in the Circuit Court of Cook County against Kamau Foluke (the "debtor”) on March 10, 1983. The judgment award was $3,646.98 plus costs. Thereafter,…

2Cases cited8 opinions

  1. General Telephone Co. of Illinois v. RobinsonDistrict Court, C.D. Illinois · 1982
  2. Donald L. Asher and Garrett Vandenburgh v. United StatesCourt of Appeals for the Seventh Circuit · 1978
  3. In Re Marriage of RochfordAppellate Court of Illinois · 1980
  4. Kaiser-Ducett Corp. v. Chicago-Joliet Livestock Marketing Center, Inc.Appellate Court of Illinois · 1980
  5. Anderson v. Burnham (In Re Burnham)United States Bankruptcy Court, N.D. Georgia · 1981

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3Cited by19 opinions

  1. Einoder v. Mount Greenwood Bank (In Re Einoder)United States Bankruptcy Court, N.D. Illinois · 1985
  2. In Re WeatherspoonUnited States Bankruptcy Court, N.D. Illinois · 1989
  3. In re QuadeUnited States Bankruptcy Court, N.D. Illinois · 2012
  4. Prior v. Farm Bureau Oil Co. (In Re Prior)United States Bankruptcy Court, S.D. Illinois · 1995
  5. Bankr. L. Rep. P 75,756, 22 Ucc rep.serv.2d 1141 Farm Credit Bank of St. Louis, a Federally Chartered Corporation, Farmers Pellet Company, Bank and Trust Company of Litchfield, and James E. Lucas and Thelma F. Lucas, Debtors-Appellees. Appeal of John L. Swartz, TrusteeCourt of Appeals for the Seventh Circuit · 1994

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