Bankruptcy Judge Gunn found the power to revoke a small business designation and proceed under ‘traditional’ chapter11 in lieu of dismissing or converting to chapter 7.

Ninth Circuit Describes the Pleading and Proof for Converting from ‘11’ to ‘7’

With the statute silent, the Ninth Circuit makes rules for assets that go to the chapter 7 estate on conversion from chapter 11.

Journal Issue

July 2022

Bankruptcy Code

Part VII. Adversary Proceedings›7004

Bankruptcy Rule

none

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Business Reorganization

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