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IN RE MICRO-ACOUSTICS CORP.

No. 82 B 20245.

49 B.R. 630 (1985)

In re MICRO-ACOUSTICS CORP., Debtor.

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

May 29, 1985.

Attorney(s) appearing for the Case

R. Mark Goodman, White Plains, N.Y., for Sanford Drelinger.

Reich & Reich, White Plains, N.Y., for debtor.

HOWARD SCHWARTZBERG, Bankruptcy Judge.

A creditor and former shareholder, Mr. Sanford Drelinger, has moved pursuant to 11 U.S.C. § 1112(b)(8) of the Bankruptcy Code to convert this confirmed Chapter 11 case to a case under Chapter 7 of the Bankruptcy Code on the ground of a material default by the debtor, Micro-Acoustics Corp., with respect to the confirmed plan.

FACTS

The facts are not disputed. The...

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