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IN RE TONYAN CONST. CO., INC.

Bankruptcy No. 81 B 5340, Adv. No. 81 A 1730.

28 B.R. 714 (1983)

In re TONYAN CONSTRUCTION COMPANY, INC., Debtor. TONYAN CONSTRUCTION COMPANY, INC., Plaintiff, Eldridge and Daly, Inc., R.B. Kapus Fabricating & Supply Corp., Enterprise Ready-Mix Co., Inc., McHenry Ready-Mix Co., Inc., McHenry Sand & Gravel Co., Inc., Lakeland Distributors Co., Inc., McGladrey-Hendrickson & Co., and Woodstock Brick & Supply Co., Intervenors, v. McHENRY STATE BANK, Edward W. Tonyan, John J. Tonyan and Janice Tonyan, Defendants.

United States Bankruptcy Court, N.D. Illinois, E.D.

March 7, 1983.

Attorney(s) appearing for the Case

Michael F. Kukla, Cowlin, Cowlin & Ungvarsky, Crystal Lake, Ill., for McHenry State Bank.

Thomas S. Moore, McCarthy, Duffy, Neidhart & Snakard, Chicago, Ill., for Eldridge & Daly, Inc.

James D. Goodman, Chicago Ill., for Tonyan Const. Co., Inc.

Bruce L. Wald, Tishler & Wald, Ltd., Chicago, Ill., for Edward W. Tonyan, John J. Tonyan, and Janice Tonyan.

John E. Cunningham, Chicago, Ill., for R.B. Kapus Fabricating & Supply Corp.

Bradley T. Koch, Holmstrom & Green, P.C., Rockford, Ill., for Enterprise Ready-Mix Co., Inc., McHenry Ready-Mix Co., Inc., McHenry Sand & Gravel Co., Inc., Lakeland Distributors Co., Inc., McGladrey-Hendrickson & Co., and Woodstock Brick & Supply Co.

ORDER

LAWRENCE FISHER, Bankruptcy Judge.

This matter coming on to be heard upon the Amended Complaint of Debtor, Tonyan Construction Company, Inc., challenging the propriety of a setoff made by Defendant McHenry State Bank pursuant to § 553 of the Bankruptcy Code and seeking to avoid as a preference within the meaning and purview of § 547(b) of the Bankruptcy Code a transfer of property allegedly made to Defendants Edward W. Tonyan, John J. Tonyan...

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