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In re Mountain Country Partners LLC

In re Mountain Country Partners LLC

Ruling
Involuntary petition filed by three holders of valid promissory notes granted.
Procedural posture

Petitioning creditors filed an involuntary petition under the Bankruptcy Code, seeking an order which placed an LLC into bankruptcy because it was not paying its debts. The LLC opposed the petition.

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Commercial opinion summary, case decided on June 25, 2012 , LexisNexis #0712-109