In re Aca Real Estate LLC

Ruling: 
Conversion to chapter 7 after default not allowed until after debtor's period to sell property and pay creditors.
Procedural posture: 
Following the confirmation of a debtor's chapter 11 plan, the holder of an allowed secured claim (creditor) sought an order converting the case to chapter 7 based on the debtor's default in payment.
Issue: 
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Commercial case opionion summary, case decided on January 05,2010, LexisNexis #0210-103