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In re Forum Health

In re Forum Health

Ruling
Voluntary dismissal granted where debtors' joint bond obligations were satisfied by joint obligors in their own cases.
Procedural posture

Two chapter 11 debtors, both non-profit foundations (foundations), each filed motions to dismiss their chapter 11 bankruptcy cases pursuant to 11 U.S.C.S. § 1112(b). The Official Committee of Unsecured Creditors filed objections to the dismissal.

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Commercial opinion summary, case decided on March 17, 2011 , LexisNexis #0511-025