This case is about a bankruptcy plan proposed by Marc Wilkow for a commercial office building in Chicago. The Bank of America claims that they would receive less money than they are owed, and Wilkow and his partners would keep ownership of the building. The case raises the question of whether creditors or debtors have priority in bankruptcy proceedings.
Wilkow v. Forbes, Inc. (2001)
United States Court of Appeals for the Seventh Circuit
241 F.3d 552
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