- 11 U.S.C.
Billing Res. v. FTC (In re Billing Res.)
Nov
02
2007
Ruling
FTC enforcement action that would harm reorganization stayed through date certain.
Procedural posture
A chapter 11 debtor sought a court order pursuant to 11 U.S.C. § 105 to enjoin the Federal Trade Commission ("FTC") from prosecuting the enforcement aspect of an action pending in federal district court in Florida (Enforcement Action), to enjoin a receiver appointed by the district court from implementing or enforcing an omnibus order entered in the district court action, and to unblock funds currently held by the debtor in a blocked account.
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Court
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