To Dismiss for ‘Loss or Diminution,’ the Focus Is on Losses After Filing, BAP Says
Losses before filing or during prior aborted reorganizations do not control dismissal of a new reorganization for ‘continuing loss or diminution,’ First Circuit BAP says.
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Case Details
Case Citation
Las Martas Inc. v. Condado 5 LLC (In re Las Martas Inc.), 23-026 (B.A.P. 1st Cir. March 5, 2025)
Case Name
In re Las Martas Inc.
Case Type
Business