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GREDE v. FCSTONE, LLC

No. 16-1896 & 16-1916.

867 F.3d 767 (2017)

Frederick J. GREDE, not Individually but as Liquidation Trustee of the Sentinel Liquidation Trust, Plaintiff-Appellant/Cross-Appellee, v. FCSTONE, LLC, Defendant-Appellee/Cross-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided August 14, 2017.

Attorney(s) appearing for the Case

Catherine L. Steege , Attorney, JENNER & BLOCK LLP, Chicago, IL, for Debtor.

Vincent E. Lazar , Attorney, Catherine L. Steege , Attorney, Angela M. Allen , Attorney, Barry Levenstam , Attorney, JENNER & BLOCK LLP, for Plaintiff-Appellee.

Stephen Bedell , Attorney, Robert Seth Bressler , Attorney, Geoffrey S. Goodman , Attorney, David B. Goroff , Attorney, Thomas P. Krebs , Attorney, William J. McKenna, Jr. , Attorney, FOLEY & LARDNER LLP, Chicago, IL, for Defendant-Appellant.

Charles Roe Mills, Esq. , Attorney, STEPTOE & JOHNSON LLP, Washington, DC, for Amicus Curiae.

Before Ripple, Rovner, and Hamilton, Circuit Judges.

The 2007 bankruptcy of Sentinel Management Group, Inc. has echoed through the courts for ten years now. This is our fifth appeal dealing with Sentinel. In a pair of cases decided in 2013 and 2016, we addressed the priority of a claim against the bankruptcy estate by the Bank of New York, Sentinel's largest (but no longer...

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