Federal Case

How courts have described this case

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

• holding that petition was not filed in good faith where debtor's sole purpose was \to put pressure on [a claimant] to accept the company's settlement terms\
• holding that petition was not filed in good faith where debtor’s' sole purpose was “to put pressure on-[a claimant] to accept the company’s settlement terms”
• holding that chapter 11 case filed by financially healthy company solely to gain a tactical advantage in litigation was in bad faith
• recognizing that filing for bankruptcy relief solely for the purpose of gaining tactical advantage in pending actions is evidence that a petition lacks good faith
• holding that bad faith exists when a petition is filed to gain a tactical advantage, not to reorganize or respond to financial crisis
• holding that § 1112(b) is not limited to its enumerated examples of “cause”

Source: CourtListener parenthetical corpus (CC0).