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IN RE RESOURCE TECHNOLOGY CORP.

No. 04 C 4505.

330 B.R. 654 (2005)

In re: RESOURCE TECHNOLOGY CORP., Debtor. Leon Greenblatt, Chiplease, Inc., and Banco Panamerica, Inc., Appellants, v. Gregg E. Szilagyi, Chapter 11 Trustee for Resource Technology Corp., Appellee.

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

January 10, 2005.

Attorney(s) appearing for the Case

James T. Markus, Block, Markus & Williams LLC, Denver, CO, for Appellants.

MEMORANDUM OPINION AND ORDER

KENNELLY, District Judge.

A bankruptcy judge approved an agreement between Chapter 11 debtor Resource Technology Group and creditors Aquila Energy Capital Corporation and Network Electric Corporation for the allocation of funds received by RTC. Several creditors opposed the agreement in the bankruptcy court and now appeal the bankruptcy court's approval of the agreement. For the reasons stated below, the Court affirms...

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