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In re Quail Lake Estates Assocs. LP

In re Quail Lake Estates Assocs. LP

Ruling
Chapter 11 case dismissed due to debtor's failure to pay delinquent property taxes as required by plan.
Procedural posture

A transferee of a creditor's claim (transferee) filed a motion to dismiss a chapter 11 debtor's case pursuant to 11 U.S.C.S. § 1112(b). The debtor opposed the motion and contended that the transferee lacked standing to bring the motion to dismiss.

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Commercial opinion summary, case decided on December 23, 2009 , LexisNexis #0210-022