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In re Self Enters. & Holdings LLC

In re Self Enters. & Holdings LLC

Ruling
Involuntary case dismissed in best interests of all parties.
Procedural posture

The creditors filed an involuntary petition against a debtor under chapter 7. Movant, a member of the debtor, filed a motion requesting that the court dismiss, abstain, or grant relief pursuant to 11 U.S.C.S. §§ 707(a), 305(a)(1), or 362(d) so that she could pursue a state court action against the other holder to recapture property for the debtor. The creditors opposed the motion. The chapter 7 trustee filed a non-objection to dismissal.

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Commercial opinion summary, case decided on February 26, 2010 , LexisNexis #0610-072