In re Marble Cliff Crossing Apartments, LLC

MEMORANDUM OPINION AND ORDER DENYING MTGLQ INVESTOR’S MOTION TO CONVERT DEBTOR’S CASE TO CHAPTER 7 (DOC. NO. 333) AND MOTION TO DESIGNATE CLAIMS AS INSIDERS AND IN BAD FAITH (DOC. NO. 331)

CHARLES M. CALDWELL, Chief Judge.

MTGLQ Investors, L.P. (“MTGLQ”), secured creditor of Marble Cliff Crossing Apartments, LLC (“Debtor”), filed two motions on October 4, 2012. The first motion requested conversion of the Debt- or’s bankruptcy from Chapter 11 to Chapter 7 of the United States Bankruptcy Code (“Code”). MTGLQ’s second motion sought to designate claims held by The Security Network (“TSN”) as…