STEINBERG v. ESPOSITO

Bankruptcy Nos. 81 A 4018, 82 A 3891 (80 B 3696).

33 B.R. 812 (1983)

Jay A. STEINBERG, Interim Trustee, Plaintiff, v. Michael ESPOSITO, Defendant.

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

September 12, 1983.


Attorney(s) appearing for the Case

Jay A. Steinberg, Spiegel, Steinberg & DeMars, John H. Anderson and Christopher A. Hansen, Seyfarth, Shaw, Fairweather & Geraldson, Chicago, Ill., for plaintiff.

Michael Esposito, River Forest, Ill., for defendant.


MEMORANDUM OPINION AND ORDER

ASPEN, District Judge:

Plaintiff ("trustee"), the interim trustee in bankruptcy for Pioneer Development Corporation ("Pioneer"), brought these adversary proceedings to recover from defendant Michael Esposito ("Esposito") a promissory note in the amount of $270,000 ("the note") allegedly fraudulently transferred to Esposito by the debtor, Pioneer. Claiming to be the rightful owner of the...

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