Opinion · Court of Appeals for the Fifth Circuit

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

In the Matter of Louis R. Koerner, Jr., in the Matter of Louis R. Koerner, Jr., Debtor. Louis R. Koerner, Jr. v. Colonial Bank, 800 F.2d 1358 (5th Cir. 1986)

Type
Opinion
Court
Court of Appeals for the Fifth Circuit
Jurisdiction
Federal
Date
1986-09-24
Topic
general

How later courts describe this case

  • 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

Citator

UpLaw has not yet analyzed In the Matter of Louis R. Koerner, Jr., in the Matter of Louis R. Koerner, Jr., Debtor. Louis R. Koerner, Jr. v. Colonial Bank. The absence of a flag is not a finding that it is good law.

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36 opinions