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IN RE SOUTH BEACH SECURITIES, INC.

Nos. 09-3079, 09-3177.

606 F.3d 366 (2010)

In re SOUTH BEACH SECURITIES, INC., Debtor. Appeal of: Scattered Corporation, Inc., and South Beach Securities, Inc., Appellants.

United States Court of Appeals, Seventh Circuit.

Decided May 19, 2010.

Attorney(s) appearing for the Case

Jonathan T. Mann, Chicago, IL, for Debtor.

Louis D. Bernstein (argued), Bernstein Law Firm, Chicago, IL, for Appellant.

Cameron Myles Gulden, Office of U.S. Trustee, Chicago, IL, Anne Stukes, Executive Office for U.S. Trustees, Office of General Counsel, Washington, DC, for Appellee.

Before POSNER, FLAUM, and WOOD, Circuit Judges.

POSNER, Circuit Judge.

A corporation called South Beach Securities filed a petition under Chapter 11 of the Bankruptcy Code and submitted a plan of reorganization. The bankruptcy judge refused to confirm the plan and dismissed the bankruptcy proceeding. In re South Beach Securities, Inc., 376 B.R. 881 (Bankr.N.D.Ill.2007). South Beach and its only creditor, Scattered Corporation, appealed to the district court, which affirmed...

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