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IN RE DAILY CORP.

Bankruptcy No. 86-00401F.

72 B.R. 489 (1987)

In re DAILY CORPORATION, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

April 17, 1987.

Attorney(s) appearing for the Case

Marvin Krasny, John F. Murphy, Adelman Lavine Krasny Gold & Levin, Philadelphia, Pa., for debtor, Daily Corp.

Edward J. DiDonato, Ciardi, Fishbone & DiDonato, Philadelphia, Pa., for Creditors' Committee.

OPINION

BRUCE FOX, Bankruptcy Judge:

At issue before me is the power of this court to dismiss a chapter 11 bankruptcy case sua sponte. The debtor argues that this court does not have any power to act pursuant to 11 U.S.C. § 1112(b) and that the recent amendment to 11 U.S.C. § 105(a) is not yet effective in this district. Thus, the debtor asserts that I am without any authority to act on my own motion.

I.

On January 20, 1986, this...

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