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MATTER OF BLAKE

Bankruptcy No. 83 B 10914.

37 B.R. 903 (1984)

In the Matter of George BLAKE, Debtor.

United States Bankruptcy Court, S.D. New York.

March 23, 1984.

Attorney(s) appearing for the Case

Jack Weiss, Melville, N.Y., for Chemical Bank.

Raymond J. Aab, New York City, for debtor in possession.

DECISION AND ORDER ON MOTION TO DISMISS

EDWARD J. RYAN, Bankruptcy Judge.

On June 22, 1983, George Blake filed a petition for relief under Chapter 11 of the Bankruptcy Code (the Code). Chemical Bank, the principal creditor, then filed a motion on October 24, 1983, to dismiss the Chapter 11 petition under section 1112(b) of the Code. This motion was joined in by Chase Manhattan Bank on November 8, 1983. Section 1112(b) grants the bankruptcy courts wide discretion...

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