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§ 1112

Schwartz, In re--Schwartz v. Dep't of the Treasury/Internal Serv.

Ruling
The IRS's participation in and debtor's fulfillment of the terms of the confirmed plan did notpreclude the IRS from pursuing the remaining balance of debt post discharge. (Bankr. S.D. Ga.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Consumer opinion summary, case decided on September 29, 2022 , LexisNexis #1222-094

Roberts, In re

Ruling
Conversion of an individual debtor's Chapter 11 case to Chapter 7 was warranted in the bestinterests of creditors and the estate where debtor had failed to comply with numerous courtorders. (Bankr. D. Colo.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; When Required.

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Consumer opinion summary, case decided on September 23, 2022 , LexisNexis #1222-020

Hao, In re

Ruling
Debtor's Chapter 11 case converted to Chapter 7 due to bad faith conduct, continuing loss to,or diminution of, the estate and lack of reasonable likelihood of rehabilitation. (Bankr. E.D.Va.)
Issue(s)
Conversion or Dismissal; When Conversion to Chapter 7 Not Permitted.

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Consumer opinion summary, case decided on September 07, 2022 , LexisNexis #1122-045

MatlinPatterson Global Opportunities Partners II L.P., In re

Ruling
Settlement approved as it reasonably balanced the potential benefits and disadvantages ofcontinued litigation with the cost and time savings of settling. (Bankr. S.D.N.Y.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; What Constitutes

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Commercial opinion summary, case decided on August 26, 2022 , LexisNexis #1122-019

Blue Whale Studios, LLC, In re--Silva v. Blue Whale Studios, LLC

Ruling
Case dismissed as the movant and the co-founder each owned a fifty percent voting interest inthe debtor and the movant did not approve the filing of the petition. (Bankr. N.D. Ga.)
Issue(s)
Conversion or Dismissal.

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Commercial opinion summary, case decided on August 05, 2022 , LexisNexis #0922-096

Hall, In re

Ruling
Case ordered converted from Chapter 11 to Chapter 7 as debtor had failed to pay U.S. Trusteefees and recent monthly operating reports showed expenses vastly exceeded any income,profits or new money. (Bankr. N.D. Ill.)
Issue(s)
Conversion or Dismissal.

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Consumer opinion summary, case decided on July 06, 2022 , LexisNexis #0822-096

Nat'l Small Bus. Alliance, In re

Ruling
Debtor's Subchapter V election revoked and Chapter 11 trustee appointed after confirmationof debtor’s fifth amended plan was denied. (Bankr. D.D.C)
Issue(s)
Conversion or Dismissal; Voluntary Conversion to Chapter 7.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 29, 2022 , LexisNexis #0822-069

Outta Control Sportfishing, In re

Ruling
Debtor's case was dismissed as it was filed to circumvent procedural hurdles in district court.(Bankr. S.D. Fla.)
Issue(s)
Conversion or Dismissal.

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Commercial opinion summary, case decided on June 29, 2022 , LexisNexis #0822-068

Quicker Liquor LLC, In re

Ruling
Dismissal of joint Chapter 11 cases for lack of good faith was not warranted as a reasonablepossibility of confirming a joint Chapter 11 plan of reorganization existed. (Bankr. D. Nev.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on June 22, 2022 , LexisNexis #0822-097

942 Penn RR, LLC, In re

Ruling
Court found that it was in the best interests of the estate and of the creditors that a Chapter 11trustee be appointed as the equity holders had an incurable conflict of interest. (Bankr. S.D.Fla.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; When Required.

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Commercial opinion summary, case decided on June 16, 2022 , LexisNexis #0822-044