In the Matter of Louis R. Koerner, Jr., in the Matter of Louis R. Koerner, Jr., Debtor. Louis R. Koerner, Jr. v. Colonial Bank

How courts have described this case

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

• noting that the “legislative history surrounding [Section 1112] of the Bankruptcy Act indicates that in acting upon a request for conversion, the bankruptcy court is afforded wide discretion”
• noting that the “legislative history surrounding [Section 1112] of the Bankruptcy Act indicates that in acting upon a request for conversion, the bankruptcy court is afforded wide discretion”
• finding unreasonable delay based on the debtor’s failure to submit confirmable plan over 16 month period
• “The bankruptcy judge is not required to give exhaustive reasons for his decision. He is only required to comply with 11 U.S.C. §1112(b)[.]”
• “The bankruptcy judge is 36 not required to give exhaustive reasons for his decision. He is only required to comply with . . . § 1112(b) . . . .”
• failure to file plan and disclosure statement within 16 months

Source: CourtListener parenthetical corpus (CC0).