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IN RE THE 1031 TAX GROUP, LLC

No. 07-11448 MG.

374 B.R. 78 (2007)

In re THE 1031 TAX GROUP, LLC, et al.

United States Bankruptcy Court, S.D. New York.

August 13, 2007.

Attorney(s) appearing for the Case

Dreier LLP, by Norman N. Kinel, Esq., Paul Traub, Esq., New York, NY, Attorneys for the Debtors.

Diana G. Adams, by Andrew Velez-Rivera, Esq., Linda Riffkin, Esq., Greg M. Zipes, Esq., New York, NY, United States Trustee.

Greenberg Traurig, LLP, by Thomas J. Weber, Esq., Melanie L. Cyganowski, Esq., New York, NY, Attorneys for the Official Committee of Unsecured Creditors.

Teitelbaum & Baskin, LLP, by Jay Teitelbaum, Esq., White Plains, NY, Olshan Grundman Frome, Rozenzweig & Wolosky LLP, by Michael S. Fox, Esq., Andrea Fischer, Esq., Golenbock Eiseman Assor Bell & Peskoe LLP, by Jonathan L. Flaxer, Esq., New York, NY, Attorneys for Certain Exchange Parties.

MEMORANDUM OPINION AND ORDER DENYING MOTION FOR APPOINTMENT OF CHAPTER 11 TRUSTEE OR, IN THE ALTERNATIVE, CONVERSION OF THE CASE TO A CASE UNDER CHAPTER 7

MARTIN GLENN, Bankruptcy Judge.

This matter is before the Court on motions filed by the U.S. Trustee and several parties in interest, seeking the appointment of a chapter 11 trustee pursuant to § 1104 of the Bankruptcy Code and Bankruptcy Rule 2007.1, or in the alternative, a conversion...

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