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In re B&M Land & Livestock LLC

In re B&M Land & Livestock LLC

Ruling
Chapter 11 case filed on behalf of LLC of which chapter 7 debtor was sole member dismissed.
Issue(s)
Whether dismissal of the debtor limited liability company's bankruptcy case was warranted, where a wife and her husband filed a petition for bankruptcy under chapter 7, the wife was the debtor's sole member, and the wife filed a petition under chapter 11 to place the debtor into bankruptcy, without the approval or knowledge of the chapter 7 trustee.

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Commercial opinion summary, case decided on September 10, 2013 , LexisNexis #1013-018