In Re Cooper Properties Liquidating Trust, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• purpose of chapter 11 is to provide time to debtor to implement a plan “without the burden of impending litigation”
• “[D]ebtors seeking the protection of the bankruptcy court must have real debt, real creditors, and a legitimate purpose-”
• “[Djebtors seeking the protection of the bankruptcy court must have real debt, real creditors, and a legitimate purpose; the code must not be used merely to harass creditors.”

Source: CourtListener parenthetical corpus (CC0).