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IN RE ALTEK SYSTEMS, INC.

Bankruptcy No. 80 B 3492, Adv. No. 80 A 151.

14 B.R. 144 (1981)

In re ALTEK SYSTEMS, INC., Debtor. GENERAL CABLE COMPANY, a division of GK Technologies, Inc., Plaintiff, v. ALTEK SYSTEMS, INC., Old Second National Bank of Aurora; and Pioneer Bank and Trust Company, Defendants.

United States Bankruptcy Court, N.D. Illinois, E.D.

September 18, 1981.

Attorney(s) appearing for the Case

Richard Franklin, Baker & McKenzie, Chicago, Ill., for General Cable.

Gerald Munitz, Nachman, Munitz & Sweig, Ltd., Chicago, Ill., for Pioneer Bank.

Louis Levit, Levit & Miller, Chicago, Ill., for Altek.

William H. Wake, Aurora, Ill., for Old Second National Bank.

MEMORANDUM AND ORDER

ROBERT L. EISEN, Bankruptcy Judge.

This matter came to be heard on cross-motions for summary judgment filed by The General Cable Company (General Cable), the debtor, Altek Systems, Inc. (Altek) and the Pioneer Bank and Trust Company (Pioneer Bank). This case is ripe for decision because the parties have stipulated to the relevant, material facts; thus there is "no genuine issue as to any material...

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