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IN RE OUTBOARD MARINE CORP.

Bankruptcy No. 00 B 37405. Adversary No. 02 A 01640.

359 B.R. 893 (2007)

In re OUTBOARD MARINE CORPORATION, et al., Debtors. Alex D. Moglia, not personally but as Chapter 7 Trustee for Outboard Marine Corporation and Its Related Debtor Entities, Plaintiff, v. Lowitz & Sons, Defendant.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

January 11, 2007.

Attorney(s) appearing for the Case

Janice A. Alwin, Steven B. Towbin, Shaw Gussis Fishman Glantz Wolfson & Tow, Chicago, IL, for Alex Moglia.

Warren Lupel, Michael B. Weininger, Lawrence M. Karlin, Lupel Weininger LLP, Chicago, IL, for Lowitz & Sons.

Alex D. Moglia, Trustee.

MEMORANDUM OPINION

JOHN H. SQUIRES, Bankruptcy Judge.

This matter comes before the Court on the motion of Lowitz & Sons, Inc. ("Lowitz") pursuant to Federal Rules of Civil Procedure 55(c) and 60(b) to vacate a default judgment entered against Lowitz and in favor of Alex D. Moglia (the "Trustee"), as trustee for the bankruptcy estate of Outboard Marine Corporation and its related debtor entities (the "Debtors"), and to dismiss the adversary proceeding...

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