Legal Opinion
In Re Keeley and Grabanski Land Partnership
United States Bankruptcy Court, D. North Dakota
Decided October 11, 2011No. 10-31482PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
THAD J. COLLINS, Bankruptcy Judge.
The Chapter 11 Trustee, Kip M. Kaler, filed a Motion under 11 U.S.C. § 1112(b) to convert this involuntary Chapter 11 case to Chapter 7. Two parties with claims against Debtor, John and Dawn Keeley and Choice Financial, joined the Motion. Debtor resisted. The Court held an all-day evidentiary hearing on this Motion on September 8, 2011. After carefully considering this difficult case, the Court concludes it should be converted from a Chapter 11 case to a Chapter 7 case.
I. FACTUAL BACKGROUND 1 AND FINDINGS OF FACT
This case is one of three…
2Cases cited34 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
- Clean Cut Tree Service, Inc. v. Costello (In Re Costello)United States Bankruptcy Court, N.D. Illinois · 2003
- Kaler v. McLaren (In Re McLaren)United States Bankruptcy Court, D. North Dakota · 1999
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