In Re jer/jameson Mezz Borrower II, LLC

How courts have described this case

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

• dismissing chapter 11 case with prejudice upon finding of bad faith
• “[T]he Court concludes it must consider the Debtors holistically in order to determine if there is a realistic possibility that Mezz II can be rehabilitated.”
• where chapter 11 debtor is not operating and sole 9 asset is fully encumbered, dismissal under § 1112(b)(4) is 10 mandatory
• permanently barring a corporate debtor who filed a petition despite having no reasonable possibility of reorganizing
• “The Code expressly contemplates the use of a bankruptcy case to sell the assets of the estate in such a manner. 11 U.S.C. §§ 363 & 1123(a)(5).”
• in ruling on a motion to dismiss, the court held in dicta that the debtors did not have a reasonable likelihood of reorganization because they could not confirm a joint plan where one of the debtors only had one, non-accepting class, citing to Tribune for support

Source: CourtListener parenthetical corpus (CC0).