In Re Magallanez
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
JOHN H. SQUIRES, Bankruptcy Judge.
This matter comes before the Court on the motion of U.S. Bank National Associa tion, as Trustee (“U.S.Bank”) against L.D.S., L.L.C. (“LDS”) for violation of the automatic stay under 11 U.S.C. § 362(a)(4). For the reasons set forth herein, the Court grants U.S. Bank’s motion. The Court finds that LDS violated the automatic stay when it obtained and recorded its memorandum of judgment. The Court denies LDS’s request to annul the stay retroactively pursuant to 11 U.S.C. § 362(d). As a result of its violation of the automatic stay, the Court…
2Cases cited23 opinions
- General Electric Capital Corporation v. Lease Resolution CorporationCourt of Appeals for the Seventh Circuit · 1997
- Hot Wax, Inc. v. Turtle Wax, Inc.Court of Appeals for the Seventh Circuit · 1999
- Simeon Palay v. United StatesCourt of Appeals for the Seventh Circuit · 2003
- Bankr. L. Rep. P 69,953 in the Matter Of: Arthur R. Matthews, Jr., Debtor-Appellant v. Martin J. Rosene and John K. KneafseyCourt of Appeals for the Seventh Circuit · 1984
- David A. Morlan v. Universal Guaranty Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 2002
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3Cited by3 opinions
- In Re LetourneauUnited States Bankruptcy Court, N.D. Illinois · 2010
- In re ShannonUnited States Bankruptcy Court, N.D. Illinois · 2018
- In re DiniUnited States Bankruptcy Court, N.D. Illinois · 2017