Legal Opinion

In re Settlers' Housing Service, Inc.

United States Bankruptcy Court, N.D. Illinois

Decided January 16, 2014No. 13-28022PublishedCited by 8 opinions

1Opinion of the Court

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON SCHAUM-BURG BANK’S MOTION TO LIFT THE AUTOMATIC STAY

JACK B. SCHMETTERER, Bankruptcy Judge.

Debtor, Settlers’ Housing Service Inc. (“Settlers’”), filed for bankruptcy relief under chapter 11 of the Bankruptcy Code. Creditor, Schaumburg Bank and Trust Co. (“Schaumburg Bank” or “the Bank”), moved for relief from the automatic stay under § 362(d), asserting (1) lack of adequate protection of its interest in certain property of Settlers’, and (2) that Debtor has no equity in the property and it is not necessary to an effective reorganization because there…

2Cases cited17 opinions

  1. Stern v. MarshallSupreme Court of the United States · 2011
  2. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  3. Rake v. WadeSupreme Court of the United States · 1993
  4. Till v. SCS Credit Corp.Supreme Court of the United States · 2004
  5. Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941

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3Cited by8 opinions

  1. Pausch v. DiPiero (In re DiPiero)United States Bankruptcy Court, N.D. Illinois · 2016
  2. Settlers' Housing Service, Inc. v. Schaumburg Bank & Trust Co., N.A. (In re Settlers' Housing Service, Inc.)United States Bankruptcy Court, N.D. Illinois · 2014
  3. Webster Place Athletic Club, LLC v. Ramco-Webster Place, LLC (In re Webster Place Athletic Club LLC)United States Bankruptcy Court, N.D. Illinois · 2019
  4. In re Chardon, LLCUnited States Bankruptcy Court, N.D. Illinois · 2014
  5. In re GuerreroUnited States Bankruptcy Court, E.D. Wisconsin · 2015

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

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