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SABLE v. MORGAN SANGAMON PARTNERSHIP

Nos. 01 C 6210, 01 C 8731.

280 B.R. 217 (2002)

Leonard SABLE, not individually but as trustee for Coventry Eye Care Center of Evanston Illinois Partnership Pension Fund, Appellant, v. MORGAN SANGAMON PARTNERSHIP, Appellee. Morgan Sangamon Partnership, Appellant, v. Leonard Sable, not individually but as trustee for Coventry Eye Care Center of Evanston Illinois Partnership Pension Fund, Appellee.

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

July 1, 2002.

Attorney(s) appearing for the Case

Daniel Arlen Zazove, Field, Golan & Swiger, Chicago, IL, for Leonard Sable.

Howard A. London, Alvin R. Becker, Timothy Michael Kelly, Beermann, Swerdlove, Woloshin, Barezky, Becker, Genin & London, Chicago, IL, for Morgan Sangamon Partnership.

MEMORANDUM OPINION AND ORDER

BUCKLO, District Judge.

Morgan Sangamon is an Illinois general partnership that was formed in 1993 by Jerome Cedicci, Michael Perlstein, and Ronald Goodman for the purpose of owning and managing a single piece of real property. The partnership agreement prohibits the admission of an additional or substitute partner without the written consent of all partners. ¶ 7(d)(vi). It also contains an "ipso facto clause...

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