District Court, N.D. Illinois February 7, 1994, 92 B 1010, 92 B 6155 and 93 C 3931. Adv. No. 92 A 1324 (Spanel International, Ltd. v. Mayer (In Re Mayer))

MEMORANDUM OPINION AND ORDER

LEINENWEBER, District Judge.

FACTS

In 1990, John Mayer (“Mayer”) was experiencing financial difficulties. In order to complete a drug manual he was preparing, Mayer borrowed $100,000 from Spanel International (“Spanel”). Mayer, a clinical psychologist, allegedly had received a purchase order for 5,000 copies of the manual.