Matter of Ladd

ORDER

ROBERT E. GRANT, Bankruptcy Judge.

This proceeding began more than three years ago, with the filing of debtor’s petition for relief under Chapter 11 on December 12, 1984. On February 17, 1987 a creditor, Lincoln National Bank, filed a motion to dismiss, convert, or appoint a trustee. That motion was premised, inter alia, upon debtor’s incompetence and gross mismanagement, as well as unreasonable delay to the prejudice of creditors. Although this motion was set for a hearing on March 18,1987, the court never had the opportunity to address its merits. Instead, on the day of the hearing,…