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IN RE J.S. II, L.L.C.

No. 07-03856.

389 B.R. 570 (2008)

In re J.S. II, L.L.C., et al., Debtors.

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

May 27, 2008.

Attorney(s) appearing for the Case

Steven B. Towbin of Shaw Gussis Fishman Glantz Wolfson & Towbin LLC, Attorney for Debtors/Movants.

Michael I. Rothstein, Daniel L. Stanner, and Daniel I. Konieczny of Tabet DiVito & Rothstein, Attorneys for Third-Party Defendants.

Edward W. Feldman of Miller Shakman & Beem LLP, Attorney for Respondents/Third-Party Plaintiffs.

MEMORANDUM OPINION ON MOTIONS OF DEBTORS AND KINSELLA AND DIAMOND TO DISMISS (Docket Nos. 509 & 510) THIRD-PARTY COMPLAINT FOR EQUITABLE SUBORDINATION

JACQUELINE P. COX, Bankruptcy Judge.

On November 1, 2007, the debtors, consisting of J.S. II, L.L.C. ("JS II"); River Village I, L.L.C. ("River Village"); and River Village West, L.L.C. ("River Village West") (collectively referred to herein as the "Debtors"),1 filed...

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