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IN RE BOWERS-SIEMON CHEMICALS CO.

Bankruptcy Nos. 89 B 13574, 89 A 1005.

139 B.R. 436 (1992)

In re BOWERS-SIEMON CHEMICALS COMPANY, Debtor. BOWERS-SIEMON CHEMICALS COMPANY, Plaintiff, v. H.L. BLACHFORD, LTD., et al., Defendants. Earl A. BOWERS and Martha L. Bowers, Plaintiffs, v. H.L. BLACHFORD, LTD., Blachford Enterprises, Inc., Blachford Investments, Inc., Metcalf Investment Company, Inc., Walter B. Metcalf III, and Leroy J. Cook, a/k/a Jack Cook, Cross-Defendants and Third-Party Defendants.

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

April 30, 1992.

Attorney(s) appearing for the Case

Max Chill, Steve Radtke, Chill, Chill & Radtke, P.C., Chicago, Ill., for Bowers-Siemon.

Robert Downing, Erica Landsberg, Sidley & Austin, Chicago, Ill., for Earl and Martha Bowers.

MEMORANDUM OPINION

SUSAN PIERSON SONDERBY, Bankruptcy Judge.

This matter is before the Court on the motion for summary judgment of Bowers-Siemon Chemicals Company, debtor and plaintiff, ("BSCC"), on its claims of fraudulent conveyance under § 548(a)(2)(a) — (B)(ii) of the Bankruptcy Code and under Ill.Rev. Stat. ch. 59, ¶ 4, avoidable preference under § 547 and common law trust fund doctrine, against Earl and Martha Bowers (the "Bowers...

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