Midwest Banc Holdings, Inc.  Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On July 2, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Midwest Banc Holdings, Inc.  and its affiliates.

The filing was assigned docket number 305 and is described on the court’s official docket as follows:

Notice of Motion and Motion to Approve Compromise or Settlement per Rule 9019 with FDIC-Receiver, Notice of Motion and Motion to Shorten Notice Filed by Richard S Lauter on behalf of Barry A. Chatz, not Individually but Solely as Creditor Trustee of the Midwest Banc Holdings, Inc. Creditor Trust. Hearing scheduled for 7/22/2015 at 09:30 AM at 219 South Dearborn, Courtroom 642, Chicago, Illinois 60604. (Attachments: # (1) Exhibit 1 # (2) Proposed Order) (Lauter, Richard)

Midwest Banc Holdings, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 20, 2010. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Illinois . The case number for the lead bankruptcy case is 10-37319. The bankruptcy case is currently assigned to United States Bankruptcy Judge A. Benjamin Goldgar. The law firm of Unknown is acting as lead bankruptcy counsel to Midwest Banc Holdings, Inc.  in the bankruptcy case.


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