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HARRIS N.A. v. GANDER PARTNERS LLC

No. 10 C 5495.

442 B.R. 883 (2011)

HARRIS N.A., Appellant, v. GANDER PARTNERS LLC, et al., Appellees.

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

January 26, 2011.

Attorney(s) appearing for the Case

Michael T. Benz , Richard Alan Wohlleber, Chapman & Cutler, Chicago, IL, for Appellant.

United States Trustee, Office of the United States Trustee, Cox, Chicago, IL, for Appellant.

MEMORANDUM OPINION

SAMUEL DER-YEGHIAYAN, District Judge.

This matter is before the court on Appellant Harris N.A.'s (Harris) appeal from the ruling of the bankruptcy court in bankruptcy adversary proceeding number 10 A 981. For the reasons stated below, we affirm the bankruptcy court.

BACKGROUND

Harris extended loans (Loans) to Appellee development companies (Debtors) in order to purchase certain residential lots in Illinois. Certain...

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