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Norman B. Newman, solely as Liquidating Trustee of the World Marketing Liquidating Trust, successor in interest to the Official Committee of Unsecured Creditors of World Marketing Chicago, LLC, et al. , v. Associated Bank, National Association

15 B 32968,16 A 00019

Upon the “no evidence” motion for summary judgment brought by Associated Bank, National Association, held: The movant has not established grounds for summary judgment under Federal Rule of Civil Procedure 56 as it has not established the absence of genuine issue of material fact in dispute.  There is a genuine issue of material fact concerning the debtors’ solvency on the date they closed a loan with the movant, and movant is therefore not entitled to judgment as a matter of law.  The motion is, therefore, DENIED.

Date: 
Monday, July 31, 2017