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In re American Res. & Energy LLC

In re American Res. & Energy LLC

Ruling
Involuntary case dismissed due to existence of bona fide disputes with three petitioning creditors.
Issue(s)
Whether the petitioning creditors' claims were "not contingent as to liability or the subject of a bona fide dispute as to liability or amount," as required of petitioning creditors in an involuntary case and whether the petition was even properly brought by the petitioning creditors?

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Commercial opinion summary, case decided on July 15, 2014 , LexisNexis #0814-107