In Re OBT Partners
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ERWIN I. KATZ, Bankruptcy Judge.
This matter comes before the court on the objection of Principal Mutual Life Insurance Company (“Principal”), a secured creditor, to the vote of creditor DuPage County. The Debtor, OBT Partners, (hereinafter referred to as “the Debtor” or “OBT”) seeks confirmation of its plan under 11 U.S.C. § 1129(b). Principal objects to the plan. DuPage was the only impaired class who voted for the plan. The issue before the court is whether the vote of a creditor whose debt has been paid after the vote, but before confirmation, should be counted.
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2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- In the Matter of Woodbrook Associates, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994
- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
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3Cited by5 opinions
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- In Re Multiut Corp.United States Bankruptcy Court, N.D. Illinois · 2011
- In Re OBT PartnersDistrict Court, N.D. Illinois · 1998
- In re J.C. Householder Land Trust 1United States Bankruptcy Court, M.D. Florida · 2013