Records Missing From Tinley Park Realty Company

TINLEY PARK, IL -- Leaders of an embattled Tinley Park realty company will need to turn over records to avoid possible fines and arrests after a trustee discovered “substantial” records missing and cables to computer servers severed, according to a Daily Southtown report. Oak Park Avenue Realty recently filed for bankruptcy. In a recent check of their offices on Centennial Drive, Trustee Ronald Peterson said he saw no evidence of a break-in and alerted Tinley Park police and the Cook County State’s Attorney’s office.

The order to turn over the records was issued last week by U.S. District Court Judge Carol Doyle, who ordered James K. “Mack” McClelland and other company principals to turn over the records by noon on Wednesday. If that is not done, consequences could include financial sanctions or arrest by U.S. Marshals.

In the order, Peterson described the actions of the realty company that once managed more than 1,200 properties as “part of a pattern of behavior by the Debtors' agents and principals apparently designed to keep the Trustee from conducting a full investigation into the Debtors' affairs."

Mack Industries, Oak Park Avenue’s parent, also filed for Chapter 11 bankruptcyrecently but that case has since been moved to a Chapter 7 liquidation.

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