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In re Minn Kota Farm Agency, Inc.

Bankr. No.: 
90-10107
Chapter: 
11
Date of Decision: 
April 23, 1991
Issue: 
Whether movant had met burden of establishing cause for dismissal of Chapter 11 case when an appeal of relief from stay and an adversary key to the debtor's reorganization were pending?
Ruling: 
No. The case was in its early stages in many respects and an appeal and a key adversary were pending. Consequently, ovant needed to show that the debtor had no more than a "hopeless and unrealistic" prospect of rehabilitation. That showing was not made.
Full Bankruptcy Court Decision: