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Home / Opinion Digests / Bankruptcy – Good Faith Filing – No Continuing Loss Or Diminution – No Dismissal (access required)

Bankruptcy – Good Faith Filing – No Continuing Loss Or Diminution – No Dismissal (access required)

Lender's motion to dismiss debtor's chapter 11 bankruptcy petition is denied in the absence of evidence that 1) debtor filed in subjective bad faith or with objective futility, 2) the property is diminishing in value through unnatural reasons, or 3) debtor's and other creditors' interests would be better served by dismissal. Debtor is a general partnership ...

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