In re Picacho Hills Utility Co.
United States Bankruptcy Court, D. New Mexico
1Opinion of the Court
MEMORANDUM OPINION
DAVID T. THUMA, Bankruptcy Judge.
Debtor Picacho Hills Utility Company, Inc. is a small water and sewer utility in Las Cruces, New Mexico. The United States Trustee (the “UST”) and creditor Bright View Land Company, Inc. (“Bright View”) moved to convert this case to Chapter 7 pursuant to 11 U.S.C. § 1112(b).1 Alternatively, Bright View moved to appoint a Chapter 11 trustee pursuant to § 1104. The Court tried the matter on September 3 and 4, 2014. For the reasons set forth below, the Court finds that cause exists to convert the case to Chapter 7.
I. FACTS
The Court finds the…
2Cases cited18 opinions
- St. Louis Baptist Temple, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Tenth Circuit · 1979
- LeBlanc v. SalemCourt of Appeals for the First Circuit · 1999
- In Re: Jerasimos Papapanayotou, Esq., Jerasimos Papapanayotou, Esq. v. Jeffrey Sapir, Esq., as Chapter 7 TrusteeCourt of Appeals for the Second Circuit · 2000
- Jeffrey Raleigh Hall and Suzanne C. Hall v. Katheryn Vance, Assistant United States TrusteeCourt of Appeals for the Tenth Circuit · 1989
- Shovelin v. Central New Mexico Electric Cooperative, Inc.New Mexico Supreme Court · 1993
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