United States Seventh Circuit
IN RE: OUTBOARD MARINE CORP., 04-1009
In a Chapter 7 bankruptcy proceeding, dismissal of plaintiff-creditor's claim for failure to timely file a proof of claim is reversed where the claim can be subordinated to other timely-filed claims in accordance with 11 U.S.C. section 726(a)(3).
Appellate Information
- Decided 10/18/2004
- Published 10/18/2004
Judges
- BAUER, Circuit Judge., Before BAUER, MANION, and KANNE, Circuit Judges.
Court
- United States Seventh Circuit
Counsel
- For Appellant:
- Kevin T. Keating (argued), Keating & Shure, Chicago, IL, for Appellant Travis Boats & Motors, Inc., David S. Kurtz, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Debtor Outboard Marine Corp.
- For Appellees:
- Steven B. Towbin (argued), Shaw, Gussis, Fishman, Glantz, Wolfson & Towbin, Chicago, IL, for Trustee-Appellee Alex Moglia.