Does a bankruptcy court abuse its discretion when it converts Debtors' chapter 11 case to chapter 7?
federal, United States of America
The following excerpt is from Green v. Howard Family Trust Dated August 21, 1998 (In re Green), BAP No. NV-15-1349-KiLDo, BAP No. NV-15-1360-KiLDo (Related appeals) (B.A.P. 9th Cir. 2016):
A bankruptcy court abuses its discretion if it applied the wrong legal standard or its factual findings were illogical, implausible or without support in the record. TrafficSchool.com v. Edriver Inc., 653 F.3d 820, 832 (9th Cir. 2011).
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A. The bankruptcy court did not abuse its discretion when it converted Debtors' chapter 11 case to chapter 7.
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