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§ 1112(b)(4)(C)

Pure Repair & Trucking LLC, In re

Apr
26
2024
Ruling
Debtor’s failure to maintain required liability insurance was cause for conversion to Chapter7. (Bankr. S.D. Ohio)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; What Constitutes

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Commercial opinion summary, case decided on April 26, 2024 , LexisNexis #0624-098
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In re GEL LLC

Jul
30
2012
Ruling
Case dismissed due to debtor's multiple serial filings, failure to comply with reporting obligations and failure to maintain adequate insurance.
Procedural posture

Debtors' largest and sole secured creditor applied for the entry of a court order dismissing the chapter 11 cases of two debtor limited liability companies (LLC) with prejudice pursuant to 11 U.S.C.S. §§ 362(d)(4), 707(a) and 1112(b), asserting that multiple grounds warranted the relief, including the failure of debtors to maintain insurance on the real property, and numerous indicia of that the filings were in bad faith.

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Commercial opinion summary, case decided on July 30, 2012 , LexisNexis #0812-091
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