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IN RE FBN FOOD SERVICES, INC.

Bankruptcy Nos. 91 B 08983, 92 A 0961.

175 B.R. 671 (1994)

In re FBN FOOD SERVICES, INC., Debtor. James E. CARMEL, Trustee, Plaintiff, v. RIVER BANK AMERICA, a New York Banking Corporation, Quest Realty Corp., a Delaware Corporation and Quest Equities Corp., a New York Corporation, Defendants.

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

December 6, 1994.

Attorney(s) appearing for the Case

Vincent J. Syracuse, Ralph A. Siciliano, David A. Pellegrino, John-Patrick Curran, Newman Tannenbaum Helpern Syracuse & Hirschtritt, New York City, and Louis W. Levit, Ross & Hardies, Chicago, IL, for defendants.

John K. Kneafsey, Nisen & Elliott, Chicago, IL, for trustee.

James E. Carmel, Trustee, Carmel, Baker & Marcus, Ltd., Chicago, IL.

MEMORANDUM OPINION

SUSAN PIERSON SONDERBY, Bankruptcy Judge.

The delightful quality of fraud lies in its infinite variety ...1

INTRODUCTION

This matter revolves around the events leading up to and culminating in a two day mediation conference at which Sizzler Restaurants International, Inc. ("Sizzler") paid $4,175,000 to settle litigation between itself, FBN...

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