Grede v. MBF Clearing Corporation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FREDERICK J. GREDE, not individually ) but as Liquidation Trustee for the ) Sentinel Liquidation Trust, ) ) Plaintiff, ) ) v. ) No. 09 C 5214 ) MBF CLEARING CORPORATION, ) Judge Rebecca R. Pallmeyer ) Defendant. ) MEMORANDUM OPINION AND ORDER This case is one of many disputes that arose in the wake of Sentinel Management Group, Inc.’s collapse nearly ten years ago. Sentinel was an investment management firm based in Northbrook, Illinois, that, until its demise, was in the business of managing short-term cash for its…