In re JerJameson Mezz Borrower II LLC

Petition filed by debtor with one asset on eve of foreclosure dismissed for bad faith.
Procedural posture: 
Creditor of chapter 11 debtor filed a motion to dismiss the chapter 11 petition filed by the debtor for cause under 11 U.S.C.S. § 1112(b), with prejudice under 11 U.S.C.S. § 349(a), and filed a motion to obtain relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d).
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Commercial case opionion summary, case decided on December 22,2011, LexisNexis #0112-092