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Legal Opinion

In Re T.S.P. Industries, Inc.

United States Bankruptcy Court, N.D. Illinois

Decided August 9, 1990No. 19-01114PublishedCited by 38 opinions

1Opinion of the Court

MEMORANDUM OPINION

RONALD S. BARLIANT, Bankruptcy Judge.

The United States Trustee has moved to convert or dismiss this confirmed chapter 11 case pursuant to 11 U.S.C. § 1112(b). The U.S. Trustee has requested that this case be converted to a case under chapter 7, rather than dismissed, so that a trustee can investigate the Debtor’s activities and determine whether it owns any assets “which could be liquidated for the benefit of creditors.” Memo, of U.S. Trustee, 2. The Court finds that dismissal, and not conversion, would be in the best interest of the creditors because a chapter 7 trustee…

2Cases cited14 opinions

  1. In Re Jartran, Inc., Debtor. Fruehauf Corporation v. Jartran, Inc.Court of Appeals for the Seventh Circuit · 1989
  2. In Re Longardner & Associates, Inc., Debtor. Appeal of Landahl, Brown & Weed Associates, IncCourt of Appeals for the Seventh Circuit · 1988
  3. United States v. RedmondDistrict Court, D. Kansas · 1984
  4. Kepler v. Independence Bank of Madison (In Re Ford)United States Bankruptcy Court, W.D. Wisconsin · 1986
  5. In Re GrinsteadUnited States Bankruptcy Court, D. Minnesota · 1985

9 more not listed; retrieve them via the Exa API.

3Cited by38 opinions

  1. Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)United States Bankruptcy Court, M.D. Florida · 2000
  2. Ohio, Department of Taxation v. H.R.P. Auto Center, Inc. (In Re H.R.P. Auto Center, Inc.)United States Bankruptcy Court, N.D. Ohio · 1991
  3. In Re: Consolidated Pioneer Mortgage Entities, Debtor Pioneer Liquidating Corporation v. United States TrusteeCourt of Appeals for the Ninth Circuit · 2001
  4. In Re Mechanical Maintenance, Inc.District Court, E.D. Pennsylvania · 1991
  5. Carter v. Peoples Bank & Trust Co. (In Re BNW, Inc.)United States Bankruptcy Court, S.D. Alabama · 1996

33 more not listed; retrieve them via the Exa API.

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