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Home / Opinion Digests / Bankruptcy – Bad Faith – Expired Lease – Ch. 11 (access required)

Bankruptcy – Bad Faith – Expired Lease – Ch. 11 (access required)

Debtor, an export-import motor vehicle business, loses its appeal of a bankruptcy court order dismissing its Chapter 11 petition as filed in bad faith, solely to prevent the state from evicting debtor from state property under a lease that had expired. The lower court concluded that debtor filed its petition not for the legitimate purposes of ...

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