In the Matter of Barney's Boats of Chicago, Inc., Bankrupt. First Arlington National Bank v. Barney's Boats of Chicago, Inc.

THOMAS A. CLARK, Circuit Judge:

This is an appeal by First Arlington National Bank, Arlington Heights, Illinois, from rulings by the bankruptcy court which were reviewed and approved by the district court. The bank claims errors were committed as follows:

1. The bankruptcy court lacked jurisdiction to enter a judgment for conversion.

2. The debtor in possession failed in its proof of damages.

3. The bankruptcy court lacked authority to award punitive damages.

Having found no merit to these claims, we affirm the decision of the district court.

Barney’s Boats sold pleasure boats, motors, and boating…