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IN RE COST REDUCTION SERVICES, INC.

Bankruptcy No. 99-83804. Adversary No. 00-8015.

284 B.R. 433 (2002)

In re COST REDUCTION SERVICES, INC., Debtor, Charles E. Covey, Trustee, Plaintiff, v. American Investment Services and Terry Stuff, Defendants.

United States Bankruptcy Court, C.D. Illinois.

August 26, 2002.

Attorney(s) appearing for the Case

Thomas W. O'Neal, Peoria, Illinois, Jeffery A. Deller, Pittsburg, PA, for plaintiff.

Jerry W. Kinnan, American Investment Services, Inc., East Peoria, Illinois, Mark Skaggs, Peoria, Illinois, for defendants.

OPINION

WILLIAM V. ALTENBERGER, Bankruptcy Judge.

The Debtor, Cost Reduction Services, Inc., ("DEBTOR") filed a Chapter 11 bankruptcy petition on November 11, 1999. On January 27, 2000, this adversary proceeding was filed by MCI WorldCom, Inc. and WorldCom Technologies, Inc. (jointly hereinafter referred to as "WORLDCOM"), the largest creditor of the DEBTOR, against the Defendants, Terry Stuff ("STUFF") and American Investment Services ("AIS"). The...

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