IN RE ABIJOE REALTY CORP.

Nos. 90-1386, 90-1420.

943 F.2d 121 (1991)

In re ABIJOE REALTY CORPORATION, Debtor, Appellant. In re ABIJOE REALTY CORPORATION, Debtor, Aleli Corporation, et al., Creditors, Appellants.

United States Court of Appeals, First Circuit.

Decided August 29, 1991.


Attorney(s) appearing for the Case

Maximiliano Trujillo, Bayamon, P.R., with whom Rafael González Velez, Santurce, P.R., Antonio González Geigel and Abimael Hernández González, Hato Rey, P.R., were on brief, for appellants.

Luis R. Rodríguez-Nevárez with whom Cancio, Rodríguez-Nevárez, Sanabria & López Pumarejo, Hato Rey, P.R., were on brief, for appellees.

Before CAMPBELL, TORRUELLA and CYR, Circuit Judges.


CYR, Circuit Judge.

Abijoe Realty Corporation ("Abijoe") and several of its creditors appeal from a district court order affirming the bankruptcy court's dismissal of Abijoe's chapter 11 reorganization proceedings. We affirm.

I

BACKGROUND

Abijoe commenced these chapter 11 proceedings on September 11, 1985, scheduling Banco Central y Economís ("Banco Central") as the holder of a disputed $524,170.30 claim based on a judgment. Banco...

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