ILLINOIS POLLUTION CONTROL BOARD
July
30,
1992
ILLINOIS ENVIRONNENTAL
PROTECTION AGENCY,
)
)
Complainant,
PCB 89—87
v.
)
(Enforcement)
MOLINE CORPORATION, an
)
Illinois corporation,
Respondent.
KATHY WESTERN,
Complainant,
PCB 89—44
V.
)
(Enforcement)
MOLINE CORPORATION, an
Illinois corporation,
Respondent.
ORDER OF THE BOARD
(by B.
Forcade):
On July
20,
1992,
counsel
for Moline
Corporation
filed
a
status report as directed by the Board’s order of June 23,
1992.
On
April
25,
1991,
Moline
filed
a
voluntary
petition
for
reorganization under
Chapter
11
of the Bankruptcy
Code
in the
United States District Court for the Northern District of Illinois,
Eastern Division.
Section 362 of the Bankruptcy Code prohibits the
commencement
or continuation
of any act
or
judicial proceeding
designed to recover a claim which arose against the debtor before
the commencement
of the bankruptcy case.
The above dockets are
currently awaiting the completion of the bankruptcy action.
The status report states that offers to purchase the operating
assets
of
the company are currently being reviewed and will be
submitted to the court for approval.
The possibility exists that
the present Chapter
11 case will
be voluntarily
converted to
a
Chapter
7 liquidation case within the next 90 days.
Moline
is directed to update the Board on the status of the
bankruptcy
proceeding by
filing
a
status
report
on
or
before
January 31,
1993 and to file subsequent status reports every six
months thereafter.
IT IS SO ORDERED.
0135-0107
2
I,
Dorothy N. Gunn,
Clerk of the Illinois Pollution Control
hereby cert1~y)th~tthe above order was adopted on the
day of
_____________________,
1992, by a vote 0f~C
Dorothy M. G)~n,Clerk
Illinois Pc~AutionControl Board
0135-0108