In Re Investment Corp. of North America

ORDER DISMISSING INVOLUNTARY CASE

JOSEPH A. GASSEN, Bankruptcy Judge.

Upon motion of the Court, an evidentiary hearing was held on March 12, 1984 to consider abstention or dismissal of this proceeding pursuant to 11 U.S.C. Sec. 305(a)(1), and due notice of said motion having been given by mail to the debtor and petitioning creditors, and after hearing the evidence presented by debtor and petitioning creditors, the Court is of the opinion that abstention would best serve the interests of the creditors and the debtor, the bases of the Court’s decision being:

The debtor has made arrangements, out…