In Re Teknek, LLC
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
JACQUELINE P. COX, Bankruptcy Judge.
In this proceeding, David Leibowitz, chapter 7 trustee of the debtor, Teknek, LLC (“Teknek”), moves for authority to compromise claims with Sheila Hamilton (“Hamilton”), Jonathon Kennett (“Ken-nett”), and Teknek Holdings, Ltd. (“Holdings”). The motion is opposed by Neal Levin (“Levin”) of the law firm Freeborn & Peters LLP (“F & P”), former special counsel to the chapter 7 trustee and holder of an administrative claim. For the reasons set forth below, the motion is granted.
I. JURISDICTION
The Court has jurisdiction to decide this matter…
2Cases cited4 opinions
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- In Re Doctors Hospital of Hyde Park, Inc., Debtor-Appellee. Appeal of Lasalle Bank National Association, as TrusteeCourt of Appeals for the Seventh Circuit · 2007
- In Re Del GrossoUnited States Bankruptcy Court, N.D. Illinois · 1989
- In Re Teknek, LLCUnited States Bankruptcy Court, N.D. Illinois · 2008
3Cited by3 opinions
- Teknek, LLC v. Systems Division IncCourt of Appeals for the Seventh Circuit · 2009
- Levey v. Systems Division, Inc. (In Re Tekner, LLC)Court of Appeals for the Seventh Circuit · 2009
- In re Oakfabco, Inc.United States Bankruptcy Court, N.D. Illinois · 2017