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§ 1112

Corley Nissan, LLC, In re

Ruling
Debtor's failure to maintain liability insurance did not pose a risk to creditors or the publicand therefore did not constitute cause to dismiss or convert. (Bankr. D.N.M.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on February 12, 2024 , LexisNexis #0424-045

Traxcell Techs., LLC, In re

Ruling
Case dismissed as a bad faith filing as it was essentially a costless appeal bond for debtor'songoing proceedings and an attempt to relitigate the receivership order. (Bankr. W.D. Tex.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on January 29, 2024 , LexisNexis #0324-068

Stream TV Networks, Inc., In re

Ruling
Appointment of a Chapter 11 trustee to evaluate the debtors' operations, prospects, and abilityto successfully reorganize was in the best interests of creditors and the estate. (Bankr. E.D. Pa.)
Issue(s)
Conversion or Dismissal.

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Commercial opinion summary, case decided on January 05, 2024 , LexisNexis #0224-094

Aina Le'a, Inc., In re

Ruling
Dismissal following debtor’s default in carrying out confirmed Chapter 11 plan was notwarranted as it would not provide any relief for any of the creditors. (Bankr. D. Haw.)
Issue(s)
Conversion or Dismissal.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 18, 2023 , LexisNexis #0224-039

Vara

Ruling
Bankruptcy court properly converted a debtor's bankruptcy case from Chapter 11 to Chapter 7as debtor failed to meet deadlines and could not be counted on to protect the estate for thecreditors. (6th Cir.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on November 29, 2023 , LexisNexis #0124-069

In re--California Palms Addiction Recovery Campus, Inc. v. Vara

Ruling
Bankruptcy court properly converted a debtor's bankruptcy case from Chapter 11 to Chapter 7as debtor failed to meet deadlines and could not be counted on to protect the estate for thecreditors. (6th Cir.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on November 29, 2023 , LexisNexis #0124-069

CYMA Cleaning Contrs. Inc., In re

Ruling
Single asset real estate debtor was ineligible for relief under Subchapter V. (Bankr. D.P.R.)
Issue(s)
Conversion or Dismissal.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on October 27, 2023 , LexisNexis #1223-093

M.A.R. Designs & Constr., Inc., In re

Ruling
Chapter 11 case ordered converted to Chapter 7 in the best interests of the creditors and theestate due to numerous findings of bad faith and gross mismanagement of the estate by thedebtor. (Bankr. S.D. Tex.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on September 22, 2023 , LexisNexis #1223-018

Cash Cloud, Inc., In re

Ruling
Motion to convert a Chapter 11 case to a Chapter 7 case was denied due to unusualcircumstances that would make conversion not in the best interests of creditors or the estate.(Bankr. D. Nev.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on September 18, 2023 , LexisNexis #0124-018

Arts Dist. Patients Collective, Inc., In re

Ruling
Debtor's case as debtor's failure to provide information reasonably requested by the trusteeconstituted cause for dismissal or conversion. (Bankr. C.D. Cal.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on August 28, 2023 , LexisNexis #1123-019