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In re IFC Credit Corp.

In re IFC Credit Corp.

Ruling
Signing of original petition by debtor corporation's president, and not by lawyer, did not make case void, when promptly corrected.
Procedural posture

Debtor corporation's bankruptcy trustee and appellant creditor settled a preferences claim conditional on a determination that the bankruptcy court had jurisdiction over it. The bankruptcy court and the U.S. District Court for the Northern District of Illinois both rejected the creditor's argument that the fact that the original petition for bankruptcy was not signed by a lawyer made the bankruptcy proceeding void. The creditor appealed.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 05, 2011 , LexisNexis #1211-138