FIRST BANK OF WHITING v. KHAM & NATE'S SHOES

No. 88 C 10283.

104 B.R. 909 (1989)

The FIRST BANK OF WHITING, Appellant, v. KHAM & NATE'S SHOES, NO. 2, INC., Appellee.

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

August 17, 1989.


Attorney(s) appearing for the Case

Robert E. Stochel, John M. O'Crobinak, P.C., Crown Point, Ind., for appellant.

JoAnn M. Hornak, Lord, Bissell & Brook, Chicago, Ill., for appellee.


MEMORANDUM OPINION AND ORDER

HOLDERMAN, District Judge:

Appellant First Bank of Whiting (the "Bank") appeals from the order of the United States Bankruptcy Judge David H. Coar dated October 20, 1988. Judge Coar's order subordinated the Bank's claim against the estate of appellee Kham & Nate's Shoes, No. 2, Inc. (the "Debtor") pursuant to the principal of equitable subordination; transferred the Bank's lien to the bankruptcy estate pursuant to 11 U.S...

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