The Court ruled (i) that conversion of the bankruptcy case from chapter 11 to chapter 7 was proper and (ii) that denial of motion to dismiss related debtor's chapter 7 case was proper. The Court...
Fifth Circuit affirmed denial of plan confirmation and dismissal of small business chapter 11 case. Debtor did not satisfy feasibility requirement for proposed plan and improperly classified...
Fifth Circuit affirmed bankruptcy and district court's ruling that Appellant was inelgible for bankruptcy relief based on bankruptcy court's finding that Appellant did not comply with credit...
U.S. Court of Appeals for the Fifth Circuit, 07-11190, Opinion, Sept. 21, 2010
Ruling:
Secured creditor's lien on property was not extinguished by claim objection or discharge in prior bankruptcy. Secured creditors are entitled to due process, and an adversary proceeding is...