Legal Opinion

AKAMAI PHYSICS, INC.

United States Bankruptcy Court, D. New Mexico

Decided April 21, 2022No. 20-12297Unknown

1Opinion

UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW MEXICO In re: AKAMAI PHYSICS, INC., No. 20-12297-t11 Debtor. OPINION Before the Court is the U.S. Trustee’s (“UST’s”) motion to dismiss or convert this chapter 11 case. The Court confirmed a plan of reorganization in June 2021. The Debtor substantially consummated the plan and is not in default. The Court finds that the UST did not carry its burden of proving “cause” for dismissal or conversion so the motion will be denied. A. Facts.1 The Debtor Akami Physics, Inc. is a laser research & development and systems engineering company in Las Cruces,…

2Cases cited23 opinions

  1. St. Louis Baptist Temple, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Tenth Circuit · 1979
  2. Harris v. ViegelahnSupreme Court of the United States · 2015
  3. In the Matter of Woodbrook Associates, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994
  4. In Re Nan Beth Alt, Debtor. Nan Beth Alt v. United StatesCourt of Appeals for the Sixth Circuit · 2002
  5. Paul v. MontsCourt of Appeals for the Tenth Circuit · 1990

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