New Bankruptcy Opinion: Kmart Corporation v. Illinois Department of Revenue, Bankruptcy Court, Northern District of Illinois, Case No. 02-02474, Adversary Proceeding No. 10-00293 | Issue: Effect of Kmart’s Plan of Reorganization Under Pre-BAPCPA Bankruptcy Code Section 346 on Kmart’s Illinois State Income Tax Liability

Issue: Effect of Kmart’s Plan of Reorganization Under Pre-BAPCPA Bankruptcy Code Section 346 on Kmart’s Illinois State Income Tax Liability

Outcome: Adversary proceeding dismissed for lack of subject matter jurisdiction; motions for summary judgment denied as moot.

A copy of the opinion is embedded below.  It can also be accessed here: http://www.scribd.com/doc/101976467/Kmart-Corp-v-Ill-Dept-of-Rev