In re Ashley Oaks Dev. Corp.
Mar
29
2011
Ruling
Case ordered dismissed for cause due to failure to file disclosure statement or a timely plan, failure to pay taxes on mortgaged property and diminution of estate.
Procedural posture
A creditor filed a motion to dismiss a Chapter 11 debtor's case pursuant to 11 U.S.C.S. § 1112(b) or in the alternative, to convert the case to a case under Chapter 7. The United States Trustee (UST) filed a response requesting that the case be converted to Chapter 7. The debtor objected to the motion.
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Court
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