In re Hoyle
Jan
17
2013
Ruling
Case converted to chapter 7 where debtor's third amended plan was not confirmable.
Procedural posture
The United States Trustee moved to dismiss or convert chapter 11 debtor's case, pursuant to 11 U.S.C.S. § 1112(b). Debtor moved for confirmation of a third amended plan of reorganization, to which the trustee and other parties objected. Debtor was a real estate investor and developer who had continued to operate aspects of his business during the case.
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Court
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