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In re Bon-Air Pship

In re Bon-Air Pship

Ruling
Voluntary dismissal denied in best interests of debtor and creditor.
Procedural posture

A bankruptcy debtor was a single asset real estate debtor and, within hours of a hearing upon a motion of the bankruptcy trustee to sell the debtor's real property, the debtor moved for voluntary dismissal of its bankruptcy case under 11 U.S.C.S. § 707 to allow the debtor to sell the property.

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Commercial opinion summary, case decided on August 30, 2010 , LexisNexis #0910-090