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IN RE GEMS N' THINGS INC.

Bankruptcy No. 86 B 20160.

60 B.R. 288 (1986)

In re GEMS N' THINGS INC., Debtor.

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

April 25, 1986.

Attorney(s) appearing for the Case

Murray S. Lubitz & Associates, White Plains, N.Y., for petitioning creditors; Murray S. Lubitz, of counsel.

Fensterheim & Fensterheim, White Plains, N.Y., for debtor; Lawrence Rigie, of counsel.

DECISION ON APPLICATION TO CONVERT CASE TO CHAPTER 7 OR IN THE ALTERNATIVE AN ORDER DIRECTING U.S. TRUSTEE TO APPOINT AN OPERATING TRUSTEE.

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The petitioners have moved for an order pursuant to 11 U.S.C. § 1112(b) converting this Chapter 11 reorganization case to one under Chapter 7 of the Bankruptcy Code, or in the alternative, for an order in accordance with 11 U.S.C. § 151104(a) directing the United States...

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