Legal Opinion

In Re Cloisters of Brevard, Inc.

United States Bankruptcy Court, M.D. Florida

Decided August 15, 1990No. Bankruptcy 89-02513-BKC-6C7PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM OPINION

C. TIMOTHY CORCORAN, III, Bankruptcy Judge.

This Chapter 11 case came on for hearing of the United States Trustee’s motion to dismiss or convert the case. The motion, brought pursuant to 11 U.S.C. § 1112(b), alleges that the debtor failed to file monthly operating reports for the months of February through May of 1990; that the reports filed reflect that the debtor has no income, no expenses, and no employees; that the January, 1990, report reflects that the debtor received a $50,000 payment which was, in turn, paid over to the debt- or’s principal, Warren McFadden; that the…

2Cases cited4 opinions

  1. Bankr. L. Rep. P 70,524 in Re Cloyd W. Devers and Barbara Devers, Debtors. Cloyd W. Devers and Barbara Devers v. Bank of Sheridan, MontanaCourt of Appeals for the Ninth Circuit · 1985
  2. In Re Braniff Airways, Inc.Court of Appeals for the Fifth Circuit · 1983
  3. In Re Sal Caruso Cheese, Inc.United States Bankruptcy Court, N.D. New York · 1989
  4. In Re Telemark Management Co., Inc.United States Bankruptcy Court, W.D. Wisconsin · 1984

3Cited by7 opinions

  1. In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
  2. In Re MazzoconeUnited States Bankruptcy Court, E.D. Pennsylvania · 1995
  3. Quarles v. United States TrusteeDistrict Court, W.D. Virginia · 1996
  4. Babakitis v. Robino (In Re Robino)United States Bankruptcy Court, N.D. Alabama · 1999
  5. Matter of WhitehurstUnited States Bankruptcy Court, N.D. Alabama · 1996

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