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IN RE RATNER

Bankruptcy No. 91 B 04569, Adversary No. 91 A 0728.

146 B.R. 211 (1992)

In re Milton D. RATNER, Debtor. COLE TAYLOR BANK, an Illinois State Chartered Bank, Plaintiff, v. Milton D. RATNER; Alexander S. Knopfler, Interim Trustee; Carrier Distribution Credit Corporation, a Delaware corporation; Altheimer & Gray, a partnership; Evanston Bank, as Trustee under Trust Agreement Number 1294; Richard E. Friedman; Marjorie L. Friedman; Joseph Greene; John Hopkins; Stella Klabacka; Patrick Athy; Patrick Reilly; Catherine Reilly; William Boyd; Cornelius Riordan; Eugene Riordan; David Sypniewski; I-Del Incorporated, an Illinois corporation; Marvin Lourie; John Wheeler; Maynard Wheeler; Neal Kaufman; Francine Kaufman; Rachel Ratner; Gary Ratner, as Custodian for Uri Ratner; Gary Ratner, as Custodian for Yael Ratner; JGF Partnership; Rentar Trailer & Container Leasing Co.; Charlotte E. Thomson, as Executor of the Estate of John C. Thomson; Charlotte E. Thomson; Richard Webber; Michael Sullivan; and unknown Owners, Defendants.

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

September 30, 1992.

Attorney(s) appearing for the Case

Alexander S. Knopfler, Chicago, Ill., trustee.

Eugene Crane, Glenn R. Heyman, Scot Clar, Dannen, Crane, Heyman & Simon, Chicago, Ill., for trustee.

Stephen B. Diamond, Lawrence Schad, David J. Phillips, Beeler, Schad & Diamond, P.C., Chet Gettlemen, Adelman, Gettleman & Merens, Ltd., Chicago, Ill., for dissenting shareholders.

David Schaper, Keck, Mahin & Cate, Chicago, Ill., for Carrier Distribution Credit Corp.

MEMORANDUM OPINION

JOHN H. SQUIRES, Bankruptcy Judge.

This matter comes before the Court on the complaint for interpleader and declaratory relief filed by Cole Taylor Bank (the "Bank") as escrow agent of certain property held in escrow. The defendants are individuals and entities having conflicting claims to the escrowed property and its proceeds. The relief sought is a determination as to the defendants' rights to the escrowed property. For the reasons...

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