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Illinois Inv. v. American Grading Co.

Illinois Inv. v. American Grading Co.

Ruling
Trustee could not assign lease that had terminated due to trustee's failure to make royalty payment.
Procedural posture

Appellant, a company that wanted to acquire a chapter 7 bankruptcy debtor's right to operate a methane gas collection and conversion system at a landfill, filed an appeal after a bankruptcy court declared that the debtor's lease with appellee landfill owner had terminated. The company sought further review after the District Court for the Northern District of Illinois upheld the bankruptcy court's decision.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on April 08, 2009 , LexisNexis #0509-101