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IN RE KIDS CREEK PARTNERS, L.P.

Nos. 99-1749 & 99-1803.

200 F.3d 1070 (2000)

In the Matter of KIDS CREEK PARTNERS, L.P., Debtor. Appeals of David R. Herzog, Trustee, and Belofsky & Belofsky, P.C. (formerly known as David A. Belofsky & Associates, P.C.), Special Counsel for the Trustee.

United States Court of Appeals, Seventh Circuit.

Decided January 10, 2000.

Attorney(s) appearing for the Case

David A. Belofsky (argued), Belofsky & Belofsky, Chicago, IL, for Appellant.

Janet S. Baer (argued), Neal L. Wolf, Schwartz, Cooper, Greenberger & Krauss, Chicago, IL, for Appellee.

Before BAUER, EASTERBROOK, and EVANS, Circuit Judges.

EASTERBROOK, Circuit Judge.

When Kids Creek Partners entered bankruptcy, its only valuable asset was an option to acquire a 450-acre parcel of land at a bargain price. In November 1994 Kids Creek reached an agreement that would result in the profitable sale of one part of the parcel to the County of Grand Traverse, Michigan, and Munson Healthcare. The buyers threatened to call off the deal unless Kids Creek conveyed unencumbered title by the end of the year, which...

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