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WESCO PRODUCTS CO. v. ALLOY AUTOMOTIVE CO.

No. 88-2832.

880 F.2d 981 (1989)

WESCO PRODUCTS CO. and Donald Horwitz, Plaintiff-Appellee, v. ALLOY AUTOMOTIVE CO., Defendant-Appellant, and Continental Illinois National Bank & Trust Co., Defendant.

United States Court of Appeals, Seventh Circuit.

Decided July 31, 1989.

Rehearing and Rehearing Denied September 6, 1989.

Attorney(s) appearing for the Case

Forrest L. Ingram, John E. Gierum, John B. Kalish, Kalish & Associates, Chicago, Ill., for plaintiff-appellee.

Peter Flynn, Myron M. Cherry, Cherry & Flynn, Chicago, Ill., for defendant-appellant.

John N. Heaphy, Mayer, Brown & Platt, Chicago, Ill., for defendant.

Before POSNER, FLAUM and RIPPLE, Circuit Judges.

Rehearing and Rehearing En Banc Denied September 6, 1989.

FLAUM, Circuit Judge.

Alloy Automotive Company appeals from a district court decision vacating a prior order of the bankruptcy court under Rule 60 of the Federal Rules of Civil Procedure. For the reasons discussed below, we reverse.

I.

In October 1980, appellee Wesco Products Corporation filed a petition for reorganization under Chapter 11 of the Bankruptcy Code. The case was docketed...

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