Source: https://www.law.cornell.edu/uscode/text/11/1112
Timestamp: 2016-07-26 18:37:53
Document Index: 752265834

Matched Legal Cases: ['§ 1112', '§ 1112', '§ 1112', '§\u202f505', '§\u202f224', '§\u202f217', '§\u202f442', '§\u202f2', '§\u202f2', '§\u202f2', '§\u202f2', '§\u202f2', '§\u202f224', '§\u202f224', '§\u202f256', '§\u202f224', '§\u202f505', '§\u202f505', '§\u202f505', '§\u202f505']

11 U.S. Code § 1112 - Conversion or dismissal | US Law | LII / Legal Information Institute
U.S. Code › Title 11 › Chapter 11 › Subchapter I › § 1112 11 U.S. Code § 1112 - Conversion or dismissal
there is a reasonable likelihood that a plan will be confirmed within the timeframes established in sections 1121(e) and 1129(e) of this title, or if such sections do not apply, within a reasonable period of time; and
failure to attend the meeting of creditors convened under section 341(a) or an examination ordered under rule 2004 of the Federal Rules of Bankruptcy Procedure without good cause shown by the debtor;
the debtor has not been discharged under section 1141(d) of this title; and
Except as provided in subsections (c) and (f), the court, on request of the United States trustee, may convert a case under this chapter to a case under chapter 7 of this title or may dismiss a case under this chapter, whichever is in the best interest of creditors and the estate if the debtor in a voluntary case fails to file, within fifteen days after the filing of the petition commencing such case or such additional time as the court may allow, the information required by paragraph (1) of section 521(a), including a list containing the names and addresses of the holders of the twenty largest unsecured claims (or of all unsecured claims if there are fewer than twenty unsecured claims), and the approximate dollar amounts of each of such claims.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2630; Pub. L. 98–353, title III, § 505, July 10, 1984, 98 Stat. 384; Pub. L. 99–554, title II, §§ 224, 256, Oct. 27, 1986, 100 Stat. 3102, 3114; Pub. L. 103–394, title II, § 217(c), Oct. 22, 1994, 108 Stat. 4127; Pub. L. 109–8, title IV, § 442(a), Apr. 20, 2005, 119 Stat. 115; Pub. L. 111–327, § 2(a)(33), Dec. 22, 2010, 124 Stat. 3561.)
2010—Subsec. (b)(1). Pub. L. 111–327, § 2(a)(33)(A)(i), amended par. (1) generally. Prior to amendment, par. (1) read as follows: “Except as provided in paragraph (2) of this subsection, subsection (c) of this section, and section 1104(a)(3), on request of a party in interest, and after notice and a hearing, absent unusual circumstances specifically identified by the court that establish that the requested conversion or dismissal is not in the best interests of creditors and the estate, the court shall convert a case under this chapter to a case under chapter 7 or dismiss a case under this chapter, whichever is in the best interests of creditors and the estate, if the movant establishes cause.”
Subsec. (b)(2). Pub. L. 111–327, § 2(a)(33)(A)(ii)(I), inserted introductory provisions and struck out former introductory provisions which read as follows: “The relief provided in paragraph (1) shall not be granted absent unusual circumstances specifically identified by the court that establish that such relief is not in the best interests of creditors and the estate, if the debtor or another party in interest objects and establishes that—”.
Subsec. (b)(2)(B). Pub. L. 111–327, § 2(a)(33)(A)(ii)(II), substituted “converting or dismissing the case” for “granting such relief”.
Subsec. (e). Pub. L. 111–327, § 2(a)(33)(B), substituted “521(a)” for “521”.
1986—Subsec. (b). Pub. L. 99–554, § 224(1)(A), inserted “or the United States trustee” after “party in interest”.
Subsec. (b)(10). Pub. L. 99–554, § 224(1)(B)–(D), added par. (10).
Subsec. (d). Pub. L. 99–554, § 256, inserted reference to chapter 12 and added par. (3).
Subsecs. (e), (f). Pub. L. 99–554, § 224(2), (3), added subsec. (e) and redesignated former subsec. (e) as (f).
1984—Subsec. (a)(2). Pub. L. 98–353, § 505(a)(1), substituted “originally was commenced as an involuntary case” for “is an involuntary case originally commenced”.
Subsec. (a)(3). Pub. L. 98–353, § 505(a)(2), substituted “other than on” for “on other than”.
Subsec. (b)(5). Pub. L. 98–353, § 505(b)(1), inserted “a request made for” before “additional”.
Subsec. (b)(8). Pub. L. 98–353, § 505(b)(2), substituted “or” for “and”.