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: 
Election of Trustee; Who May Vote; Creditor With Claim Entitled to Distribution.
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Commercial case opionion summary, case decided on October 22,2020, LexisNexis #1220-042