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IN RE TEKENA USA, LLC

No. 09 B 16969.

419 B.R. 341 (2009)

In re TEKENA USA, LLC, Debtor.

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

November 19, 2009.

Attorney(s) appearing for the Case

Gregory J. Jordan, Apostol, Kowal & Jordan, Ltd., Chicago, IL, for Debtor.

William T. Neary, Office of the U.S. Trustee, Region 11, Chicago, IL, Trustee.

MEMORANDUM OPINION

JACQUELINE P. COX, Bankruptcy Judge.

Systems Division, Inc. (SDI) obtained a judgment of $3,788,609.75 for patent infringement against Teknek, LLC and Teknek Electronics (Electronics) in a federal district court in California in 2004. While the lawsuit was pending, Teknek, LLC and Electronics' sole shareholders, Jonathan Kennett (Kennett) and Sheila Hamilton (Hamilton), created Teknek Holdings (Holdings) and proceeded to funnel...

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