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In re Euro-American Lodging Corp.

In re Euro-American Lodging Corp.

Ruling
Creditor sustained burden of proof on involuntary petition where debtor had no more than eight bona fide creditors as of petition date.
Procedural posture

A creditor (mortgagee) filed an involuntary chapter 7 case, 11 U.S.C. § 303(b), against an alleged debtor, its mortgagor. The matter was before the court for a ruling following a three-day bench trial. The alleged debtor opposed the petition.

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opinion summary, case decided on January 09, 2006 , LexisNexis #0207-073