ORDER DENYING MOTION TO DISMISS AND GRANTING ALTERNATIVE MOTION TO SUSPEND BANKRUPTCY PROCEEDINGS
STEVEN W. RHODES, Bankruptcy Judge.
The debtor's major creditor, the Union Indemnity Insurance Company, has filed a motion to dismiss the bankruptcy petition or in the alternative to suspend proceedings. The motion is filed pursuant to 11 U.S.C. § 305, which provides in pertinent part:
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