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IN RE REPURCHASE CORP.

No. 04 B 32933.

329 B.R. 832 (2005)

In re REPURCHASE CORPORATION, Debtor.

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

September 7, 2005.

Attorney(s) appearing for the Case

Brian M. Graham (Shaw Gussis Fishman, et al.), Chicago, IL, for Movant or Plaintiff.

Michael J. Small (Foley & Lardner, LLP), Chicago, IL, for Respondent or Defendant.

Kathryn M. Gleason, Chicago, IL, U.S. Trustee.

MEMORANDUM OPINION ON DEBTOR'S OBJECTION TO CLAIM FILED BY MJK TRUSTEE

JACK B. SCHMETTERER, Bankruptcy Judge.

Repurchase Corp. filed as a debtor in possession in this Chapter 11 bankruptcy case ("Debtor"). The Trustee for the bankruptcy estate of MJK Clearing, Inc. ("MJK"), James P. Stephensen, filed a proof of claim against the Debtor's bankruptcy estate based on $3,000,000.00 worth of tax credits the Debtor was obligated to transfer to MJK under...

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