Legal Opinion
Trinity Legacy Consortium, LLC
United States Bankruptcy Court, D. New Mexico
Decided July 7, 2025No. 22-10973Unknown
1Opinion
UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW MEXICO In re: TRINITY LEGACY CONSORTIUM, LLC, No. 22-10973-j11 Debtor. MEMORANDUM OPINION The United States Trustee (“UST”) filed a motion requesting the Court to dismiss or convert this chapter 11 case to chapter 7 under 11 U.S.C. § 1112(b)1 based on gross mismanagement of the estate, failure to satisfy reporting requirements, and failure to timely confirm a plan of reorganization.2 After holding a two-day evidentiary hearing, with a continuation of the hearing scheduled for July 1, 2025, Trinity Legacy Consortium, LLC (“Debtor”) conceded that…
2Cases cited12 opinions
- In Re American Capital Equipment, LLCCourt of Appeals for the Third Circuit · 2012
- Sullivan v. Harnisch (In Re Sullivan)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2014
- De Jounghe v. Mender (In Re De Jounghe)Bankruptcy Appellate Panel of the First Circuit · 2005
- In Re Staff Investment Co.United States Bankruptcy Court, E.D. California · 1993
- In Re Ars Analytical, LLCUnited States Bankruptcy Court, D. New Mexico · 2010
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