In Re Earth Services, Inc.
United States Bankruptcy Court, D. Vermont
1Opinion of the Court
MEMORANDUM AND ORDER
CHARLES J. MARRO, Bankruptcy Judge.
The Petition of David P. deRham, a creditor and shareholder, for Conversion of this Chapter 11 Proceeding to Chapter 7 liquidation came on for continued hearing.
The Application of deRham is predicated on § 1112(b) under which the Court may convert a case from Chapter 11 to Chapter 7 liquidation for cause including a number of specific grounds. However, the Petitioner relies on sub-paragraph (1) and sub-paragraph (7) of § 1112(b) which provide that a case may be converted for continuing loss to or diminution of the estate and the absence…
2Cases cited5 opinions
- In Re G-2 Realty TrustUnited States Bankruptcy Court, D. Massachusetts · 1980
- In Re Larmar Estates, Inc.United States Bankruptcy Court, E.D. New York · 1980
- In Re Tolco Properties, Inc.United States Bankruptcy Court, E.D. Virginia · 1980
- Weathersfield Farms, Inc. v. First Inter-State BankDistrict Court, D. Vermont · 1981
- First Inter-State Bank v. Weathersfield Farms, Inc. (In Re Weathersfield Farms, Inc.)United States Bankruptcy Court, D. Vermont · 1981
3Cited by5 opinions
- In Re Economy Cab & Tool Co., Inc.United States Bankruptcy Court, D. Minnesota · 1984
- In Re GreeneUnited States Bankruptcy Court, S.D. New York · 1986
- In Re Photo Promotion Associates, Inc.District Court, S.D. New York · 1985
- Matter of Santiago VelaUnited States Bankruptcy Court, D. Puerto Rico · 1988
- In Re D & F Meat Corp.United States Bankruptcy Court, S.D. New York · 1986