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IN RE STAFF INV. CO.

Bankruptcy No. 92-20307-C-11.

146 B.R. 256 (1992)

In re STAFF INVESTMENT CO., Debtor.

United States Bankruptcy Court, E.D. California.

As Amended January 5, 1993.

Attorney(s) appearing for the Case

Maria E. Lara, Shingle Springs, Cal., for debtor.

Judith C. Hotze, Office of U.S. Trustee, Sacramento, Cal., for U.S. Trustee.

Martin L. Smith, Orrick, Herrington & Sutcliffe, Sacramento, Cal., for creditor Security Pacific Credit Corp.

MEMORANDUM DECISION ON MOTION TO VACATE ORDER OF DISMISSAL AND TO CONVERT CASE

CHRISTOPHER M. KLEIN, Bankruptcy Judge:

Here is another way to handle the pesky problem of serial bankruptcies that are filed as maneuvers to milk unfair advantage from the Bankruptcy Code. After a creditor won relief from the automatic stay fair and square, this real estate partnership averted conversion from chapter 11 to chapter 7 by inveigling dismissal of the case. Then it...

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