Legal Opinion
First Inter-State Bank v. Weathersfield Farms, Inc. (In Re Weathersfield Farms, Inc.)
United States Bankruptcy Court, D. Vermont
Decided May 11, 1981No. 19-10158PublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
CHARLES J. MARRO, Bankruptcy Judge.
The Second Motion of First Inter-State Bank to Dismiss the Petition filed by the Debtor under Chapter 11 of the Bankruptcy Code came on for hearing, after notice, on April 17, 1981.
The Bank’s Second Motion to Dismiss is supported by Memorandum which indicates that under § 1112 of the Bankruptcy Code the Court may dismiss a case under Chapter 11 for “cause” which includes the continuing loss to or dimunition of the estate and the absence of a reasonable likelihood of rehabilitation; the inability to effectuate a plan and unreasonable delay…
2Cases cited4 opinions
- In Re G-2 Realty TrustUnited States Bankruptcy Court, D. Massachusetts · 1980
- Matter of Nancant, Inc.United States Bankruptcy Court, D. Massachusetts · 1981
- In Re Tolco Properties, Inc.United States Bankruptcy Court, E.D. Virginia · 1980
- In the Matter of Northland Construction Co., a Corporation (Wisconsin), Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1977
3Cited by6 opinions
- Matter of Nikron, Inc.United States Bankruptcy Court, E.D. Michigan · 1983
- In Re GreeneUnited States Bankruptcy Court, S.D. New York · 1986
- First Inter-State Bank v. Weathersfield Farms, Inc. (In Re Weathersfield Farms, Inc.)United States Bankruptcy Court, D. Vermont · 1983
- In Re Chesmid Park Corp.United States Bankruptcy Court, E.D. Virginia · 1984
- Weathersfield Farms, Inc. v. First Inter-State BankDistrict Court, D. Vermont · 1981
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