R & K Realty

UNITED STATES BANKRUPTCY COURT FOR THE MIDDLE DISTRICT OF PENNSYLVANIA In re: : Chapter 7 : R & K Realty, : Case No. 5:21-1430 – MJC : Debtor. : : M E M O R A N D U M I. Introduction Prior to the commencement of this involuntary Chapter 7 bankruptcy case, Kurt A. Thompson (“Kurt”), one of the two (2) general partners of R & K Realty, a general partnership (“the Alleged Debtor” or the “Partnership”), instituted an action in state court seeking, inter alia, an accounting and dissolution of the Partnership due to alleged breaches of fiduciary duties and mismanagement by the managing partner,…