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IN RE COHEN

Bankruptcy No. 04 B 11482. Adversary No. 04 A 4016.

334 B.R. 392 (2005)

In re Avie COHEN, Debtor. Fischer Investment Capital, Inc., Plaintiff, v. Avie Cohen, Defendant.

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

December 2, 2005.

Attorney(s) appearing for the Case

Lester A. Ottenheimer III, Ottenheimer, Teplinsky, Rosenbloom, LLC, Buffalo Grove, IL, for Debtor.

Mark E. Leipold, Christina B. Conlin, Gould & Ratner, Chicago, IL, for Fischer Investment Capital, Inc.

MEMORANDUM OPINION

A. BENJAMIN GOLDGAR, Bankruptcy Judge.

Debtor Avie Cohen needed a loan for The Joblotter, Inc., a liquidation business he ran with Holly Borchert. After reviewing the financial condition of Cohen and The Joblotter, including a list of The Joblotter's accounts receivable, Scott Fischer and Fischer Investment Capital, Inc. ("Fischer Investment") lent Cohen and The Joblotter $207,000. When Cohen and The Joblotter failed to repay the...

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