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IN RE RESOURCE TECHNOLOGY CORP.

No. 05-1779.

430 F.3d 884 (2005)

In the Matter of: RESOURCE TECHNOLOGY CORPORATION (by Gregg E. Szilagyi, Trustee), Debtor-Appellee. Appeal of: Leon Greenblatt; Banco Panamericano, Inc.; and Chiplease, Inc.

United States Court of Appeals, Seventh Circuit.

Decided December 9, 2005.

Attorney(s) appearing for the Case

Gregory J. Jordan (argued), Rooks Pitts, Chicago, IL, for Appellants.

Diane F. Klotnia, Miller, Shakman & Hamilton, Chicago, IL, for Trustee-Appellee.

Phillip L. Comella (argued), Seyfarth & Shaw, William I. Kohn, Patricia J. Fokuo (argued), Schiff, Hardin & Waite, Chicago, IL, for Appellees.

Floyd D. Perkins, Ungaretti & Harris, Chicago, IL, for Debtor-Appellee.

Before POSNER, EASTERBROOK, and WOOD, Circuit Judges.

EASTERBROOK, Circuit Judge.

Resource Technology Corporation turns garbage into money by collecting methane from landfills, reducing the emission of a greenhouse gas in the process. It either sells the methane or burns the gas to make electricity. Installing methane-collection systems is tricky, however, and Resource Technology landed in bankruptcy because its outlays exceed its revenues from harvested methane. This appeal concerns one of its money-losing ventures...

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