IN RE SHOREBANK CORP.

No. 12 B 581.

467 B.R. 156 (2012)

In re The SHOREBANK CORP., et al., Debtors.

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

March 12, 2012.


Attorney(s) appearing for the Case

George N. Panagakis , Justin M. Winerman , Skadden Arps Slate Meagher & Flom LLP, Chicago, IL, Attorneys for debtors The ShoreBank Corp., et al.

Richard S. Lauter , Freeborn & Peters LLP, Chicago, IL, Attorney for Jamil Moore.

Elizabeth E. Richert , The Coleman Law Firm, Chicago, IL, Attorney for Mary Houghton and Ron Gryzwinski.

Lauren Newman , Thompson Coburn LLP, Chicago, IL, Attorney for Todd Brown.

Mark F. Hebbeln , Derek L. Wright , Foley & Lardner LLP, Chicago, IL, Attorneys for the Official Committee of Unsecured Creditors.

Alan P. Solow , DLA Piper LLP, Chicago, IL, Attorney for the F.D.I.C. as Receiver.

Roman L. Sukley , Office of the U.S. Trustee, Chicago, IL, Attorney for Patrick S. Layng, U.S. Trustee.


MEMORANDUM OPINION

A. BENJAMIN GOLDGAR, Bankruptcy Judge.

This matter is before the court for ruling on the emergency motion of Jamil Moore, Ron Gryzwinski, and Mary Houghton ("the movants") to direct the U.S. Trustee to reconstitute the unsecured creditors committee or alternatively for other relief. For the following reasons, the motion will be denied.

1. Facts

The relevant facts...

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