MEMORANDUM
JAMES A. GOODMAN, Chief Judge.
I. INTRODUCTION
The matter before the Court is the "Motion for Sanctions Pursuant to Rule 9011 of the Bankruptcy Rules" filed by the Newburyport Five Cents Savings Bank (the "Bank") against Richard and Paula Chase (the "Debtors") and their counsel, Michael Palmer, Esq. ("Palmer"). The Bank filed its motion in response to a "Withdrawal of Request to Dismiss and Motion to Convert to Chapter 11" filed by the...
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