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In re M.C. Pipe Inc.

In re M.C. Pipe Inc.

Ruling
Relief from stay denied where debtor in possession had improved position and creditor was over secured.
Procedural posture

In this chapter 11 case, a creditor moved for relief from the automatic stay under 11 U.S.C.S. § 362, in the alternative to convert the case to chapter 7. The debtor also filed an application to employ and compensate officers.

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Commercial opinion summary, case decided on October 07, 2011 , LexisNexis #0112-043