Legal Opinion

In Re Earth Services, Inc.

United States Bankruptcy Court, D. Vermont

Decided February 2, 1983No. 18-10543PublishedCited by 5 opinions

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

  1. In Re G-2 Realty TrustUnited States Bankruptcy Court, D. Massachusetts · 1980
  2. In Re Larmar Estates, Inc.United States Bankruptcy Court, E.D. New York · 1980
  3. In Re Tolco Properties, Inc.United States Bankruptcy Court, E.D. Virginia · 1980
  4. Weathersfield Farms, Inc. v. First Inter-State BankDistrict Court, D. Vermont · 1981
  5. First Inter-State Bank v. Weathersfield Farms, Inc. (In Re Weathersfield Farms, Inc.)United States Bankruptcy Court, D. Vermont · 1981

3Cited by5 opinions

  1. In Re Economy Cab & Tool Co., Inc.United States Bankruptcy Court, D. Minnesota · 1984
  2. In Re GreeneUnited States Bankruptcy Court, S.D. New York · 1986
  3. In Re Photo Promotion Associates, Inc.District Court, S.D. New York · 1985
  4. Matter of Santiago VelaUnited States Bankruptcy Court, D. Puerto Rico · 1988
  5. In Re D & F Meat Corp.United States Bankruptcy Court, S.D. New York · 1986

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