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IN RE ARKCO PROPERTIES, INC.

Bankruptcy No. 96-20371 S.

207 B.R. 624 (1997)

In re ARKCO PROPERTIES, INC.

United States Bankruptcy Court, E.D. Arkansas, Helena Division.

March 31, 1997.

Attorney(s) appearing for the Case

Susan Gunter, for Petitioner.

Allen Bird, for Respondent.

ORDER OF DISMISSAL

MARY D. SCOTT, Bankruptcy Judge.

On December 24, 1996, eight related debtors filed for protection under Chapter 11 of the Bankruptcy Code. The debtors include Arkco Corporation, Inc. ("Arkco") which is the 100% shareholder of the other seven debtors. A fifty percent shareholder of the debtor Arkco has filed a motion to dismiss each of the cases as being filed in bad faith and as being filed without the proper authority. Inasmuch...

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