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§ 1208(c)(9)

Las Martas, Inc. v. Condado 5, LLC

Ruling
Bankruptcy court erred in dismissing Chapter 12 case by comparing financial conditions across debtor’s multiple filings instead of focusing solely on pospetition conditions in the current case. (B.A.P. 1st Cir.)
Issue(s)
Conversion or Dismissal; Dismissal for Cause on Request of Party in Interest; Continuing Loss or Diminution of Estate.

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Commercial opinion summary, case decided on March 05, 2025 , LexisNexis #0525-042

Las Martas, In re

Ruling
Dismissal of debtor's bankruptcy case was warranted due to the continuing diminution of theestate and the absence of a reasonable likelihood of rehabilitation. (Bankr. D.P.R.)
Issue(s)
Conversion or Dismissal; Dismissal for Cause on Request of Party in Interest;

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Judge or Jurisdiction information not available
Consumer opinion summary, case decided on September 29, 2023 , LexisNexis #1223-019