In Re Northampton Corp.

OPINION

EMIL F. GOLDHABER, Bankruptcy Judge:

The issue before us is whether the debt- or’s chapter 11 petition should be dismissed or converted to a chapter 7 proceeding and whether the debtor is entitled to take discovery before we reach the merits of the aforesaid motions. Under the circumstances of this case, we will allow the debtor to take discovery only for the limited purpose hereinafter set forth. Consequently, we will reserve decision on the instant motions pending the outcome of the debtor’s discovery.

The facts of the instant case are as follows: 1 On March 9, 1981, Manufacturers…