Justices find way to help estate claim

Trial Notebook

By Steven P. Garmisa

Hoey & Farina

Posted January 19, 2017 2:39 PM

The village of Alorton in St. Clair County stiffed Taymond Freeman’s estate after the tiny, impoverished municipality near East St. Louis used Chapter 9 of the Bankruptcy Code — the reorganization statute for municipalities — to transform a $1 million state court judgment into an obligation to pay $600,000, with monthly installments of $2,500 for 20 years that were supposed to start five years after a bankruptcy judge approved the plan.Larkin Holmon, as administrator of Freeman’s estate, had a tough …

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