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IN RE KECK, MAHIN & CATE

Bankruptcy No. 97 B 38580.

237 B.R. 430 (1999)

In re KECK, MAHIN & CATE, Debtor.

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

June 15, 1999.

Attorney(s) appearing for the Case

Larry Wolfson, David Neff, Christy Campbell, Jenner & Block, Chicago, IL, for Debtor.

Richard H. Fimoff, Robbins, Salomon & Patt, Chicago, IL, Local Counsel for Jerry Krim.

Harvey Greenfield, Laura M. Perrone, Law Firm of Harvey Greenfield, New York City, for Jerry Krim.

Daniel Zazove, Barbakoff, Zazove & Glick, Chicago, IL, for Subordinated Debt Holders Comm.

Matthew Botica, Winston & Strawn, Chicago, IL, for Creditors' Committee.

Richard Friedman, Department of Justice, Office of U.S. Trustee, Chicago, IL, for U.S. Trustee.

MEMORANDUM OPINION

RONALD BARLIANT, Bankruptcy Judge.

Claimant Jerry Krim ("Krim") filed a class proof of claim on March 4, 1998, seeking $1 billion in damages for legal malpractice and securities fraud. Krim has amended the proof of claim several times, the most recent, filed May 11, 1999, claiming $1 billion in damages for "[s]ecurities fraud, fraud and breach of fiduciary duty as plead in Civil Action No. H-90-2269 in the U.S. District of Texas...

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