Legal Opinion

Juan Paulino Pena and Alma Rosa Rivera Rivera v. Bautista Cayman Asset Company

United States Bankruptcy Court, D. Puerto Rico

Decided March 15, 2016No. 14-09799Unknown

1Opinion

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF PUERTO RICO JUAN PAULINO PENA CHAPTER 11 FILED & ENTERED ALMA ROSA RIVERA RIVERA Debtors . MAR 15 2016 This case is before the court upon the Motion to Dismiss (Docket No. 136) filed by Bautista Cayman Asset Company (“Bautista Cayman”) under Section 1112(b) of the Bankruptcy Code alleging: (i) substantial or continuing loss to or diminution of the Debtors’ estate and lack of reasonable likelihood of rehabilitation; (ii) Debtors’ failure to comply with their reporting obligations; (iii) Debtors’ negative monthly balances on the monthly…

2Cases cited26 opinions

  1. In Re Rosemary BROWN, Debtor. FIRST JERSEY NATIONAL BANK v. Rosemary BROWN, AppellantCourt of Appeals for the First Circuit · 1991
  2. In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
  3. Tennessee Publishing Co. v. American National BankSupreme Court of the United States · 1936
  4. In Re HBA East, Inc.United States Bankruptcy Court, E.D. New York · 1988
  5. In Re: Consolidated Pioneer Mortgage Entities, Debtor Pioneer Liquidating Corporation v. United States TrusteeCourt of Appeals for the Ninth Circuit · 2001

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