In Re FRGR Managing Member LLC
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER GRANTING MOTION OF U.S. TRUSTEE CONVERTING CASE TO A CASE UNDER CHAPTER 7
MARTIN GLENN, Bankruptcy Judge.
FRGR Managing Member LLC (“FRGR” or “Debtor”) filed this chapter 11 case on March 9, 2009. On October 9, 2009, the U.S. Trustee filed a motion to convert the case to a case under chapter 7, or in the alternative, to dismiss the case, pursuant to Bankruptcy Code § 1112(b). The Debtor opposes the motion. Two other parties support the motion to convert. For the reasons stated below, the U.S. Trustee’s motion to convert the case to a case under chapter 7 is granted.
BACKGROUND
Th…
2Cases cited16 opinions
- Toibb v. RadloffSupreme Court of the United States · 1991
- In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
- In Re C-Tc 9th Avenue PartnershipCourt of Appeals for the Second Circuit · 1997
- Bankr. L. Rep. P 74,995 in Re Lawrence S. Charfoos, Debtor. Michigan National Bank v. Lawrence S. CharfoosCourt of Appeals for the Sixth Circuit · 1992
- In Re the 1031 Tax Group, LLCUnited States Bankruptcy Court, S.D. New York · 2007
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