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Valuex Rsch., LLC, In re

Valuex Rsch., LLC, In re

Ruling
Involuntary petition dismissed as an inappropriate use of the Bankruptcy Code since it wasintended to intimidate the alleged debtor to renegotiate a convertible promissory note. (Bankr.D. Conn.)
Issue(s)
Dismissal of a Case or Conversion to a Case Under Chapter 11 or 13; For Cause.

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Commercial opinion summary, case decided on September 12, 2023 , LexisNexis #1123-042