Skip to main content

In re Plaza Antillana Inc.

In re Plaza Antillana Inc.

Ruling
Case filed on eve of foreclosure dismissed for bad faith.
Issue(s)
Should debtor's case filed on the eve of foreclosure be dismissed for cause as a single asset real estate filed in bad faith due to substantial or continuing loss or diminution of the estate and lack of a reasonable likelihood of rehabilitation or ability to propose feasible chapter 11 plan?

ABI Membership is required to access the full summary of In re Plaza Antillana Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on February 14, 2014 , LexisNexis #0314-064