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IN RE LAKE STATES COMMODITIES, INC.

Bankruptcy Nos. 94 B 12123, 94 B 12125.

173 B.R. 642 (1994)

In re LAKE STATES COMMODITIES, INC., Debtor. In re Thomas W. COLLINS, Debtor.

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

November 7, 1994.

Attorney(s) appearing for the Case

Michael K. Desmond, U.S. Trustee's Office, Chicago, IL.

Lawrence Fisher, Gardner, Carton & Douglas, Chicago, IL, Prospective Trustee.

Louis W. Levit, Ross & Hardies, Chicago, IL, for trustee, William A. Brandt, Jr.

Keevan D. Morgan, Keevan D. Morgan, Ltd., Chicago, IL, for Moving Creditors for New Trustee.

MEMORANDUM OPINION

SUSAN PIERSON SONDERBY, Bankruptcy Judge.

FACTS

This matter centers around the dispute in the election of a permanent Chapter 7 trustee. Two involuntary petitions for relief under Chapter 7 of the Bankruptcy Code were filed against Thomas W. Collins ("Collins") and Lake States Commodities, Inc. ("Lake States") (collectively referred to as the "Debtors") on June 16, 1994. On June 21, 1994, the Court ordered the appointment...

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