Legal Opinion
Matter of E. Paul Kovacs and Co., Inc.
United States Bankruptcy Court, D. Connecticut
Decided November 24, 1981No. 19-20260PublishedCited by 28 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
ROBERT L. KRECHEVSKY, Bankruptcy Judge.
I
The Connecticut Bank & Trust Company (CBT), a secured creditor, seeks an order pursuant to 11 U.S.C. § 1112(b), converting this chapter 11 case to a case under chapter 7. As cause, CBT alleged that:(1) By reason of incompetence and gross mismanagement, prior and since entry of the Order for Relief herein, the debtor has continued to lose substantial amounts of money; (2) The value of the estate has been and continues to be substantially diminished; (3) There is no reasonable likelihood of rehabilitation; (4) The debt- or has failed…
2Cases cited8 opinions
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- In Re Martin Custom Made Tires CorporationCourt of Appeals for the Second Circuit · 1939
- In Re Larmar Estates, Inc.United States Bankruptcy Court, E.D. New York · 1980
- In Re Tolco Properties, Inc.United States Bankruptcy Court, E.D. Virginia · 1980
- In Re L. S. Good & Co.United States Bankruptcy Court, N.D. West Virginia · 1980
3 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- In Re Kendavis Industries International, Inc.United States Bankruptcy Court, N.D. Texas · 1988
- In RE v. Savino Oil & Heating Co., Inc.United States Bankruptcy Court, E.D. New York · 1989
- Hughes v. MackCourt of Appeals for the Fifth Circuit · 1983
- Prostok v. Browning, Texas Court of Appeals, 5th District (Dallas)2003
- 24 Collier bankr.cas.2d 725, Bankr. L. Rep. P 73,817 in Re International Yacht and Tennis, Inc., Debtor. International Yacht and Tennis, Inc., Douglas P. Johnson and David Casani, President of Inter. Yacht and Tennis, Inc., Non-Party v. Nathan WassermanCourt of Appeals for the Eleventh Circuit · 1991
23 more not listed; retrieve them via the Exa API.