In re Nugelt, Inc.
United States Bankruptcy Court, D. Delaware
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HELEN S. BALICK, Bankruptcy Judge.
First Federal Savings Bank (of Delaware) and the United States Trustee have moved for the conversion, dismissal, or appointment of a trustee in three related Chapter 11 cases: NuGelt, Inc., Mybev Associates and Michael Moskowitz. The court held a three-day hearing on these motions in March. Post-trial the United States Trustee argued that dismissal is the only appropriate remedy. ' The court agrees.
I. FACTS
Michael Moskowitz is the president and sole shareholder of NuGelt, a Delaware corporation. NuGelt operates two restaurants, one…
2Cases cited17 opinions
- Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
- Wolf v. WeinsteinSupreme Court of the United States · 1963
- In Re Lloyd, Carr and Company, Bankrupt (Two Cases). Appeal of Alan H. Abrahams. Appeal of United States of AmericaCourt of Appeals for the First Circuit · 1980
- In Re Mechanical Maintenance, Inc.District Court, E.D. Pennsylvania · 1991
- Matter of BerryhillUnited States Bankruptcy Court, N.D. Indiana · 1991
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3Cited by6 opinions
- In Re AdBrite Corp.United States Bankruptcy Court, S.D. New York · 2003
- In Re Continental Holdings, Inc.United States Bankruptcy Court, N.D. Ohio · 1994
- In Re MazzoconeUnited States Bankruptcy Court, E.D. Pennsylvania · 1995
- Quarles v. United States TrusteeDistrict Court, W.D. Virginia · 1996
- Matter of NuGelt, Inc.United States Bankruptcy Court, D. Delaware · 1992
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