In re Sunnyland Farms, Inc.
United States Bankruptcy Court, D. New Mexico
1Opinion of the Court
MEMORANDUM OPINION
DAVID T. THUMA, Bankruptcy Judge.
Before the Court is Petitioning Creditors’ Motion to Convert Debtor’s Chapter 11 Case to a Chapter 7 Case Pursuant to 11 U.S.C. § 1112(b)1 (the “Motion”). The Court held a final hearing on the Motion on August 21, 2014 and took the matter under advisement.2 For the reasons set forth below, the Court will deny the motion.
I. FACTS
The Court finds the following facts:3
The Petitioning Creditors commenced this case by filing an involuntary petition for Chapter 7 relief on January 30, 2014. Debtor moved to convert the case to a voluntary case under…
2Cases cited14 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 Randy Arden Frieouf, Debtor. Randy Arden Frieouf v. United States of America Farm Credit Bank of WichitaCourt of Appeals for the Tenth Circuit · 1991
- PW Enterprises, Inc. v. North Dakota Racing CommissionCourt of Appeals for the Eighth Circuit · 2008
- In Re American Capital Equipment, LLCCourt of Appeals for the Third Circuit · 2012
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3Cited by7 opinions
- Green Earth Wellness Center, LLC v. Atain Specialty InsuranceDistrict Court, D. Colorado · 2016
- In re 412 Boardwalk, Inc.United States Bankruptcy Court, M.D. Florida · 2014
- Express Grain Terminals, LLCUnited States Bankruptcy Court, N.D. Mississippi · 2022
- GandyDancer, LLCUnited States Bankruptcy Court, D. New Mexico · 2022
- Randy L RobinsonUnited States Bankruptcy Court, D. Kansas · 2021
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