Examples of Chapter 7 Case in a sentence
AMPAL-AMERICAN ISRAEL CORP., : Chapter 7: Case No. 12-13689 (SMB)Debtor.
Procedures for distribution of documents, potential release of information, and disposition of files are discussed in Chapter 7, Case Closure.
The Liquidation Value available to Holders of Claims or Interests that are not Secured Claims would be reduced by, among other things: (a) the Claims of Secured Creditors to the extent of the value of their collateral; (b) the costs, fees and expenses of the liquidation, as well as other administrative expenses of the Debtor’s Chapter 7 Case; (c) unpaid Administrative Expense Claims of the Chapter 11 Case; and (d) Priority Claims and Priority Tax Claims.
See generally Ex-Parte Motion to Reopen Chapter 7 Case under 11 U.S.C.§350(b) [Doc.
DISMISSAL OR SUSPENSION - CASE OR PROCEEDINGS (a) Voluntary Dismissal of a Chapter 7 Case.
The Debtor’s costs of liquidation in Chapter 7 Case would include the compensation of the trustee, as well as of counsel and of other professionals retained by such trustee, asset disposition expenses, applicable Taxes, litigation costs, Claims arising from the administration of the Debtor during the pendency of the Chapter 7 Case and all unpaid Administrative Claims incurred by the Debtor during the Chapter 11 Case that are allowed in the Chapter 7 Case.
Local Rule 3002-1Amendment Proof of Claim in Chapter 7 Case In a chapter 7 case, a proof of claim may not be amended after the filing of the trustee’s Notice of Final Report.
The Bankruptcy Court thus concluded dismissal was warranted because it was divested of jurisdiction to administer the Chapter 7 Case by virtue of Stream’s still pending appeal of the Chapter 11 Dismissal Order.
Conversion of the Chapter 11 Case to a Chapter 7 Case will necessarily entail additional Administrative Claims, as there will be an additional layer of Administrative Expenses flowing from the appointment of a chapter 7 trustee, which will have priority with respect to unencumbered assets.
Chapter 7 Case Management and Calendaring7.025INDIVIDUAL ASSIGNMENT SYSTEMThe Court maintains an Individual Assignment System wherein the Judges are directly assigned full responsibility for management of designated cases from assignment to ultimate conclusion, including post-judgment matters.