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In re Keeley & Grabanski Land Pship

In re Keeley & Grabanski Land Pship

Ruling
Case converted to chapter 7 due to diminution of estate, absence of likelihood of rehabilitation and failure to file schedules and documents.
Procedural posture

Chapter 11 trustee filed a motion under 11 U.S.C.S. § 1112(b) to convert this involuntary chapter 11 case to chapter 7. Creditors joined in the motion. The debtor resisted.

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Commercial opinion summary, case decided on October 11, 2011 , LexisNexis #1211-058