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Concepts Am., Inc., In re

Concepts Am., Inc., In re

Ruling
Creditor waived secured status as it filed the involuntary petition without disclosing itssecurity and filed a proxy to vote in the trustee election reserved for unsecured creditors.(Bankr. N.D. Ill.)
Issue(s)
Election of Trustee; Who May Vote; Creditor With Claim Entitled to Distribution.

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Commercial opinion summary, case decided on October 22, 2020 , LexisNexis #1220-042