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IN RE SCHIPPER

No. 89 C 20209.

112 B.R. 917 (1990)

In re Kenneth G. SCHIPPER, Debtor. FULTON STATE BANK, an Illinois banking corporation, individually and derivatively on behalf of all general unsecured creditors, Plaintiff-Appellant, v. George SCHIPPER, Jennie Schipper, Kenneth G. Schipper, individually and as debtor in possession, John Dornfeld and Stephen R. Burns, Defendants-Appellees.

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

January 30, 1990.

Attorney(s) appearing for the Case

Thomas Potter, Morrison, Ill., for plaintiff-appellant.

Stephen Balsley, Bernard Natale, Rockford, Ill., John Callas, Rock Island, Ill., Stephen R. Burns, Erie, Ill., for defendants-appellees.

MEMORANDUM OPINION AND ORDER

ROSZKOWSKI, District Judge.

This action comes before this Court on appeal from a ruling of the United States Bankruptcy Court, Northern District of Illinois, Western Division. For the reasons set forth in this opinion, this Court affirms the ruling of the Bankruptcy Court.

BACKGROUND

The facts have been told and retold in the various briefs of the parties and in detail in the May 18, 1989 Memorandum Opinion...

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