IN RE OSTROM-MARTIN, INC.

Bankruptcy No. 92-80099, Adv. No. 92-8164.

202 B.R. 267 (1996)

In re OSTROM-MARTIN, INC., Debtor. Richard E. BARBER, Chapter 7 Trustee for Ostrom-Martin, Inc., Plaintiff, v. FIRST NATIONAL BANK OF CHILLICOTHE and Princeville State Bank, Defendants.

United States Bankruptcy Court, C.D. Illinois.

October 31, 1996.


Attorney(s) appearing for the Case

Barry M. Barash, Barash, Stoerzbach & Henson, Galesburg, IL, for Plaintiff.

Richard E. Barber, Galesburg, IL, Chapter 7 Trustee.

Gregg N. Grimsley, Leanna L. Karnopp, Carter & Grimsley, Peoria, IL, for Princeville Bank.

Michael T. Mahoney, Chillicothe, IL, Duncan G. Harris, Schiff, Hardin & Waite, Chicago, IL, One of Attorneys for First National Bank of Chillicothe.


OPINION

WILLIAM V. ALTENBERGER, Chief Judge.

The facts of what occurred are basically not disputed and are set forth in previous opinions of this Court.1 Kevin Martin was a director, shareholder and president of Ostrom-Martin, Inc. (OMI), a grain company with several facilities in neighboring communities. Kevin Martin and other members of his extended family, were involved in several related entities. The related entities involved...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases