Legal Opinion

Citibank, N.A. v. Park-Kenilworth Industries, Inc.

District Court, N.D. Illinois

Decided November 14, 1989No. 89 C 5280PublishedCited by 20 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

MAROVICH, District Judge.

Plaintiff Citibank, N.A. (“Citibank”) brought this diversity action against Park-Kenilworth Industries, Inc. (“PKI”) and its former secretary, Philip F. Ignarski. Citibank seeks to recover $50 million worth of Park-Kenilworth stock which was pledged to Citibank as security for a loan but which had previously been pledged to Beverly Bank, which is not a party to this action. In the alternative, Citibank seeks to recover $50 million in damages. William J. Stoecker is the sole shareholder of PKI, and is currently the subject of an involuntary…

2Cases cited23 opinions

  1. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  2. Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
  3. Bankr. L. Rep. P 71,803 in the Matter of Richard A. Kubly, Debtors. Wisconsin Department of Industry, Labor and Human Relations v. Marine Bank MonroeCourt of Appeals for the Seventh Circuit · 1987
  4. Cameron v. Anderson (In Re American Energy, Inc.)United States Bankruptcy Court, D. North Dakota · 1985
  5. Smith-Douglass, Inc. v. Smith (In Re Smith-Douglass, Inc.)United States Bankruptcy Court, E.D. North Carolina · 1984

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

3Cited by20 opinions

  1. Hassett v. Bancohio National Bank (In Re CIS Corp.)District Court, S.D. New York · 1994
  2. In the Matter of Grabill Corporation, Camdon Companies, Incorporated, Foxxford Group Limited, Debtors. Appeal of Ncnb National Bank of North CarolinaCourt of Appeals for the Seventh Circuit · 1992
  3. Veldekens v. GE HFS Holdings, Inc. (In Re Doctors Hospital 1997, L.P.)United States Bankruptcy Court, S.D. Texas · 2006
  4. KHI Liquidation Trust v. Wisenbaker Builder Services, Inc. (In re Kimball Hill, Inc.)United States Bankruptcy Court, N.D. Illinois · 2012
  5. Bertholet v. HarmanUnited States Bankruptcy Court, D. New Hampshire · 1991

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

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