In Re Karum Group, Inc.
United States Bankruptcy Court, W.D. Washington
1Opinion of the Court
OPINION ON MOTION TO DISMISS AND FOR RELIEF FROM STAY
SAMUEL J. STEINER, Bankruptcy Judge.
This matter is before the Court on a motion for dismissal or in the alternative for relief from the automatic stay of Section 362(a) of the Code. The six moving parties, the Deacon Group, are judgment creditors of the debtor and contend that this case is a bad faith filing in that the debtor is using the Chapter 11 process in lieu of posting a supersedeas bond.
FACTS
The debtor is a non-profit corporation which was organized in California in 1971. Thereafter, the debtor qualified to do business in the State…
2Cases cited6 opinions
- In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
- In Re Victory Const. Co., Inc.United States Bankruptcy Court, C.D. California · 1981
- In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
- In Re Wally Findlay Galleries (New York), Inc.United States Bankruptcy Court, S.D. New York · 1984
- In Re Alton Telegraph Printing Co.United States Bankruptcy Court, S.D. Illinois · 1981
1 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- In Re HBA East, Inc.United States Bankruptcy Court, E.D. New York · 1988
- In Re Clinton Centrifuge, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1987
- In Re SlettelandUnited States Bankruptcy Court, S.D. New York · 2001
- In Re Southern California Sound Systems, Inc.United States Bankruptcy Court, S.D. California · 1987
- In Re N.R. Guaranteed Retirement, Inc.United States Bankruptcy Court, N.D. Illinois · 1990
27 more not listed; retrieve them via the Exa API.