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IN RE K TOWN, INC.

Bankruptcy No. 93 B 08587. Adv. No. 94 A 00186.

171 B.R. 313 (1994)

In re K TOWN, INC., Debtor. K TOWN, INC., Plaintiff, v. METROPOLITAN BANK & TRUST COMPANY, Defendant.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

August 1, 1994.

Attorney(s) appearing for the Case

William J. Stevens, Chicago, IL, for debtor/plaintiff.

George D. Karcazes, Gary E. Green, Martin & Karcazes, Chicago, IL, for defendant.

MEMORANDUM OPINION ON MOTION OF METROPOLITAN BANK FOR SUMMARY JUDGMENT ON K TOWN'S ADVERSARY COMPLAINT

JACK B. SCHMETTERER, Bankruptcy Judge.

This Adversary proceeding relates to plaintiff's bankruptcy proceeding under Chapter 11. Plaintiff, K Town, Inc. ("K Town"), sued Metropolitan Bank & Trust Company ("Metropolitan"), asserting that defendant breached a fiduciary duty and wrongfully setoff accounts held by defendant, thereby causing...

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