In re LHC, LLC
United States Bankruptcy Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION
DONALD R. CASSLING, Bankruptcy Judge.
When the owner of a Chapter 11 debtor is also the chief customer of that debtor, does the owner’s dual role automatically constitute “cause” for appointing a Chapter 11 trustee under 11 U.S.C. § 1104(a)(1)? The Debtor’s largest secured creditor, Wells Fargo Bank, N.A., urges this Court to answer that question in the affirmative. Wells Fargo also insists that even if the Court’s answer is no, the owner should still be replaced with a Chapter 11 trustee because the owner has allegedly (1) proven itself incompetent to operate or reorganize…
2Cases cited25 opinions
- In Re Sharon Steel Corporation, Debtor. Appeal of Dwg Corporation and Victor PosnerCourt of Appeals for the Third Circuit · 1989
- In Re Marvel Entertainment Group, Inc.Court of Appeals for the Third Circuit · 1998
- Grace M. Kapelanski and Stanley J. Kapelanski v. Scott JohnsonCourt of Appeals for the Seventh Circuit · 2004
- Midlantic National Bank v. Anchorage Boat Sales, Inc. (In Re Anchorage Boat Sales, Inc.)United States Bankruptcy Court, E.D. New York · 1980
- In Re Bayou Group, LLCCourt of Appeals for the Second Circuit · 2009
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3Cited by13 opinions
- In re Waterworks, Inc.United States Bankruptcy Court, N.D. Illinois · 2015
- United Surety & Indemnity Co. v. López-Muñoz (In re López-Muñoz)Bankruptcy Appellate Panel of the First Circuit · 2016
- In re ThomasUnited States Bankruptcy Court, W.D. Tennessee · 2019
- Christopher S. HarrisonUnited States Bankruptcy Court, E.D. North Carolina · 2020
- In re Reynoso Vineyards, Inc.United States Bankruptcy Court, N.D. Illinois · 2025
8 more not listed; retrieve them via the Exa API.