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§ 1112(b)(3)

Karben4 Brewing, LLC, In re

Ruling
Subchapter V case was dismissed as the bankruptcy filing was not authorized by the debtorLLC’s members. (Bankr. W.D. Wis.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; Hearing.

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Commercial opinion summary, case decided on May 21, 2024 , LexisNexis #0724-096

In re Vaughan Co. Realtors

Ruling
Conversion to chapter 7 denied where litigation over debtor's principal's Ponzi scheme was not shown to be diminishing estate.
Procedural posture

A creditor asserted that there was a continuing loss to or diminution of a chapter 11 bankruptcy debtor's estate with no reasonable likelihood of rehabilitation, and that the bankruptcy trustee failed to comply with timely filing and reporting requirements. The creditor moved to convert the debtor's case to chapter 7 for cause.

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Consumer opinion summary, case decided on May 21, 2013 , LexisNexis #0613-066