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inter alia, a complete copy of a Form 1041, U.S. Income Tax
Return for Estates and Trusts (Form 1041), filed in the name of
Adorno Business for 1998.6 The Form 1041, which was executed by
Mr. Adorno on September 15, 1999, lists the date the entity was
created as December 22, 1995.
F. Mr. Adorno’s Response
Specifically, the Court ordered Adorno Business to produce:
(1) a complete copy of the organizational document(s)
related to the creation of petitioner; (2) a complete
copy of all the minutes that preceded in time the
“Minutes of Second Meeting - December 26, 1995” that
was attached to petitioner’s Objection filed September
3, 2002; and (3) any and all other documentation
identifying the fiduciary or other representative
thought to have legal capacity to institute this the
present case on behalf of petitioner.
Ultimately, the Court received a response, leave for the filing
of which was granted, to its order for document production. Mr.
Adorno signed the response as “Edwin R. Adorno, Trustee, Adorno
Business Company”.7 Mr. Adorno attached to the response, inter
6 Attached to the Form 1041 was a Schedule C, Profit or
Loss From Business, indicating the principal business of Adorno
Business as “Retail/Used Auto’s”. Also attached was a Schedule
K-1, Beneficiary’s Share of Income, Deductions, Credits, etc.,
indicating the beneficiary as “The Adorno Asset Management Trust”
(Adorno Asset). See infra note 12. At trial, Mr. Adorno
testified that Adorno Business operates its business on a used
car lot at 1442 North Western, Chicago, Ill., and that Adorno
Business pays rent to Adorno Asset for use of the lot.
Apparently, Adorno Asset is only engaged in the business of
collecting rent from Adorno Business for use of the lot.
7 This was the first time in the record that Mr. Adorno
claimed to be the purported trustee of Adorno Business. At all
(continued...)
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