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IN RE HOLLY MARINE TOWING, INC.

No. 10 C 1204.

453 B.R. 906 (2011)

In re HOLLY MARINE TOWING, INC., Debtor. Scouler & Co., Appellant, v. Bauch & Michaels, LLC, Appellee.

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

March 29, 2011.

Attorney(s) appearing for the Case

Vivek Jayaram, Jayaram Law Group, Chicago, IL, for Appellant.

Carohna Yago Sales, Paul Michael Bauch, Kenneth A. Michaels, Jr., Lucas Jack Hinkle, Bauch & Michaels, LLC, Chicago, IL, for Appellee.

MEMORANDUM OPINION AND ORDER

VIRGINIA M. KENDALL, District Judge.

The debtor, Holly Marine Towing, Inc. ("Holly Marine"), filed for bankruptcy. Glenn Dawson ("Dawson") and Holly Headland ("Headland"), previously married and principals of Holly Marine, entered into an agreement with the Trustee regarding distribution of proceeds from selling the marine facility located at 9320 S. Ewing in Chicago ("Ewing Property...

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