- 11 U.S.C.
In re Suffolk Regl Off-Track Betting Corp.
Dec
02
2011
Ruling
Chapter 9 case dismissed due to debtor's failure to obtain proper authorization to file.
Procedural posture
Debtor, a New York regional off-track betting corporation, filed a petition under chapter 9 of the Bankruptcy Code, and a Kentucky corporation that owned various racetracks and provided wagering services to the debtor filed an objection to the petition, claiming that the debtor had not obtained the requisite authorization under 11 U.S.C.S. § 109(c)(2) to commence a Chapter 9 bankruptcy case. The court held a hearing on the objection.
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Court
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