IN RE TEKNEK, LLC

No. 07-1498.

512 F.3d 342 (2007)

In the Matter of TEKNEK, LLC, Debtor. Appeal of: Sheila Hamilton.

United States Court of Appeals, Seventh Circuit.

Decided December 28, 2007.


Attorney(s) appearing for the Case

Gordon B. Nash, Jr. (argued), Drinker, Biddle, Gardner & Carton, Chicago, IL, for Sheila Hamilton.

Joji Takada, Freeborn & Peters, Chicago, IL, for Phillip D. Levey Trustee.

Steven M. Hartmann (argued), Neal H. Levin, Freeborn & Peters, Chicago, IL, for Systems Division, Incorporated.

Jeffrey R. Platt, Coman & Anderson, Lisle, IL, for Debtor.

Before EASTERBROOK, Chief Judge, and RIPPLE and KANNE, Circuit Judges.


EASTERBROOK, Chief Judge.

Teknek, LLC, is a debtor in bankruptcy. During proceedings to locate and value its assets, Systems Division, Inc., Teknek's principal creditor (holding a $3 million judgment in patent-infringement litigation), learned that many of Teknek's records are in code. At an examination under Fed. R. Bankr.P.2004, Sheila Hamilton, one of Teknek's officers (and its principal equity investor) stated that the key to the code had been leased from Teknek...

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