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Neosho Concrete Prods. Co., In re

Neosho Concrete Prods. Co., In re

Ruling
Conversion of Chapter 11 case to Chapter 7 was not warranted as the United States Trustee didnot satisfy its burden to prove the absence of a reasonable likelihood of rehabilitation basedonly on the failure of debtor to reach a binding supply agreement. (Bankr. W.D. Mo.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; What Constitutes

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Commercial opinion summary, case decided on May 06, 2021 , LexisNexis #0621-069