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IN RE LANCELOT INVESTORS FUND, L.P.

Bankruptcy No. 08 B 28225. Adversary No. 09 A 00413.

408 B.R. 167 (2009)

In re LANCELOT INVESTORS FUND, L.P., et al., Debtor. Ronald R. Peterson, as Chapter 7 Trustee for Lancelot Investors Fund, L.P., et al., Plaintiff, v. Ellerbrock Family Trust, LLC, et al., Defendants.

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

July 17, 2009.

Attorney(s) appearing for the Case

Jason J. Green, Sarah Hardgrove-Koleno, and Terri L. Mascherin of Jenner & Block LLP, Attorneys for Chapter 7 Trustee.

Hugh P. Lambert and Cayce C. Peterson of Lambert & Nelson PLC, New Orleans, LA, Attorneys for McKinley Parties.

MEMORANDUM OPINION

JACQUELINE P. COX, Bankruptcy Judge.

In this matter, the plaintiff, Ronald R. Peterson, the Chapter 7 Trustee ("Trustee"), for Lancelot Investors Fund, L.P., et al. ("Debtors"),1 seeks a preliminary injunction staying the lawsuit brought by McKinley Lancelot One, LLC, McKinley Associates, Inc., Scott Turban Family Trust, Scott Turban, Gene Turban and Paul Dimond ("Dimond") (all collectively "McKinley...

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