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IN RE WIEBOLDT STORES, INC.

No. 87 C 10346.

92 B.R. 309 (1988)

In re WIEBOLDT STORES, INC., FEIN 36-1964420, Debtor.

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

May 18, 1988.

Attorney(s) appearing for the Case

Margaret M. Anderson, Hopkins & Sutter, Chicago, Ill.

Ben Barnow, McNeill, Fick & Barnow, Chicago, Ill.

Claude R. Bowles, Jr., Porter, Wright, Morris & Arthur, Cincinnati, Ohio.

James E. Carmel, Carmel, Baker & Marcus, Ltd., Chicago, Ill.

Robert B. Chatz, Arvey, Hodes, Costellos, Burman, Chicago, Ill.

John O. Collen, Chapman & Cutler, Chicago, Ill.

Melaine Rovner Cohen, Antonow & Fink, Chicago, Ill.

Lawrence M. Cooper, Cooper & Cooper, Ltd., Chicago, Ill.

Theodore A. Livingston, David S. Curry, Mayer, Brown & Platt, Chicago, Ill., for Household Commercial Financial Services, Inc.

Robert J. Kriss, Carrie Huff, Andrew Denatale, Stroock & Stroock & Lavan, New York City.

Larry Ramey, Office of the U.S. Trustee, Chicago, Ill.

Timothy J. Riordan, DeFrees & Fiske, Chicago, Ill.

James R. Rohlfing, Biggman, Cowan, Marquardt, & Lunding, Chtd., Chicago, Ill.

Paul Daley, Hale & Door, Boston, Mass.

Jeffrey Sherman, Otterbourg, Steindler, Houston & Rosen, New York City.

Marvin A. Tenenbaum, Alexander, Unikel, Bloom Zalewa & Tenenbaum, Ltd., Chicago, Ill.

Myron Trepper, Levin & Weintraub & Crames, New York City.

Larry M. Wolfson, Jenner & Block, Chicago, Ill.

Dean A. Dickie, Phelan, Pope & John, Ltd., Chicago, Ill.

Maryanne H. Capron, Pretzel & Stouffer, Chtd., Chicago, Ill.

Ellis B. Rozenzweig, Sachnoff, Weaver & Rubenstein, David P. Leibowitz, David N. Missner, Schwartz, Cooper, Kolb & Gaynor, Chicago, Ill., for Wieboldt Stores.

Sarah R. Wolff, M. Marshall Seeder, David J. Fischer, Wildman, Harrold, Allen & Dixon, Chicago, Ill.

Theodore L. Freedman, Kirkland & Ellis, Chicago, Ill.

Philip J. Glick, Household Commercial Financial Services, Inc., Prospect Heights, Ill.

Scott Hazen, Otterbourg, Steindler, Houston & Rosen, New York City.

Leroy G. Inskeep, Rudnick & Wolfe, Chicago, Ill.

Louis W. Levit, Levit & Mason, Ltd., Chicago, Ill.

Michael L. Molinaro, Katten, Muchin, Zavis, Pearl, Greenberg & Galle, Chicago, Ill.

Robert K. Olendzki, Wilson & McIlvaine, Chicago, Ill.

Harry Henning, Porter, Wright, Morris & Arthur, Columbus, Ohio.

Michael Weininger, Katz, Randall & Weinberg, Chicago, Ill.

MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

Before the court is Schottenstein Stores Corporation's ("Schottenstein") appeal from the Bankruptcy Court's October 28, 1987 decision. Household Commercial Financial Services, Inc. ("Household") moves to dismiss Schottenstein's appeal as moot under Section 363(m) of the Bankruptcy Code, 11 U.S.C. § 363(m).

BACKGROUND FACTS

In December 1985 WSI-Sub, Inc. ("WSI") acquired the common...

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