- 11 U.S.C.
In re Loco Realty Corp.
Jun
25
2009
Ruling
Case dismissed where chapter 11 plan was not feasible due to absence of source of funding.
Procedural posture
The successor to a predecessor creditor moved to dismiss the debtor's chapter 11 case pursuant to 11 U.S.C.S. § 1112(b)(1) for cause. Alternatively, the successor moved to dismiss, suspend, or abstain from presiding over the debtor's case pursuant to 11 U.S.C.S. § 305(a).
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Court
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