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Arthur B. Adler & Assocs., In re

Arthur B. Adler & Assocs., In re

Ruling
Debtor's president violated the automatic stay as he deposited property, in which the estate had an interest, in his personal bank accounts, apportioned fees to himself before remitting the remaining amount to the trustee, and attempted to settle with individuals on debtor’s behalf. (Bankr. N.D. Ill.)
Issue(s)
Automatic Stay; Scope; Acts to Obtain Property.

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Commercial opinion summary, case decided on August 20, 2018 , LexisNexis #1018-036