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IN RE N.R. GUARANTEED RETIREMENT, INC.

Bankruptcy No. 89 B 10494.

112 B.R. 263 (1990)

In re N.R. GUARANTEED RETIREMENT, INC., an Illinois corporation, Debtor.

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

March 22, 1990.

Attorney(s) appearing for the Case

David A. Golin, Mark Lieberman, Rosenthal and Schanfield, Chicago, Ill., for debtor.

Mitchell Jones, Vedder, Price, Kaufman & Kammholz, Chicago, Ill., for Firstmark.

Nathan Lichtenstein, Greenberg, Keele, Lunn & Aronberg, Chicago, Ill., for Superior Bank.

Timothy A. French, Neal, Gerber, Eisenberg & Lurie, Salvatore Barbatano, Rudnick & Wolfe, Chicago, Ill., for Netzky Partnership.

Richard Friedman, U.S. Trustee's Office, Chicago, Ill.

AMENDED MEMORANDUM OF DECISION

EUGENE R. WEDOFF, Bankruptcy Judge.

There are currently pending before the court two motions that raise the recurring question of whether a Chapter 11 debtor filed its petition in good faith. N.R. Guaranteed Retirement, Inc. ("N.R."), the debtor, was incorporated less than three weeks before it filed its petition. Its only substantial asset is an office and retail building in downtown Chicago, with associated leases and a cause...

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