Legal Opinion
Spohn v. Carney (In re Carney)
United States Bankruptcy Court, N.D. Illinois
Decided September 20, 2016No. Bankruptcy No. 12-84145; Adversary No. 13-96012PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM OPINION
Thomas M. Lynch, United States Bankruptcy Judge
Danny Carney purchased Riverside Pub, a bar and grill located in Sycamore, Illinois, from Perry’s Riverside Pub, Inc. in October 2009. Perry C. Spohn was the seller’s president. The parties agreed to a purchase price of $100,000 to be paid in monthly installments through November 2019. Mr. Carney, who appears to have had no appreciable prior experience running a business — let alone a restaurant— took possession, renamed the establishment Joker’s Pub and struggled to make a go of it. He operated the business through an Illinois…
2Cases cited16 opinions
- Stern v. MarshallSupreme Court of the United States · 2011
- In the Matter of Malen A. Juzwiak, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1996
- Village of San Jose, a Municipal Corporation v. Daniel L. McWilliams and Ida M. McWilliams Debtors-AppelleesCourt of Appeals for the Seventh Circuit · 2002
- Stamat v. NearyCourt of Appeals for the Seventh Circuit · 2011
- In the Matter of Richard E. Scott, Debtor. Ronald R. Peterson v. Richard E. Scott, in the Matter of Douglas W. Scott, Debtor. Ronald R. Peterson v. Douglas W. Scott, in the Matter of Douglas H. Scott, Debtor. Ronald R. Peterson v. Douglas H. ScottCourt of Appeals for the Seventh Circuit · 1999
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3Cited by6 opinions
- Trustmark Nat'l Bank v. Tegeler (In re Tegeler)United States Bankruptcy Court, S.D. Texas · 2018
- Layng v. Sgambati (In re Sgambati)United States Bankruptcy Court, E.D. Wisconsin · 2018
- In re PackerUnited States Bankruptcy Court, N.D. Illinois · 2018
- Chlad v. ChapmanDistrict Court, N.D. Illinois · 2018
- FCB BANKS v. AbrahimUnited States Bankruptcy Court, S.D. Illinois · 2025
1 more not listed; retrieve them via the Exa API.