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IN RE QUAD-C FUNDING LLC

Case No. 13-11725(ALG) (Jointly Administered).

496 B.R. 135 (2013)

IN RE: QUAD-C FUNDING LLC, Debtor.

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

August 16, 2013.

Attorney(s) appearing for the Case

Becker, Glynn, Muffly, Chassin & Hosinsky LLP, By: Alec P. Ostrow, Esq. , Chester B. Salomon, Esq. , Michael D. Margulies, Esq. , New York, NY, Counsel for Debtor Quad-C Funding LLC.

Kennedy Berg LLP, By: Gabriel Berg, Esq. , Andrew A. Smith, Esq. , New York, NY, Diamond McCarthy LLP, By: Richard I. Janvey, Esq. , Howard D. Ressler, Esq. , New York, NY, Co-Counsel for Crossroads ABL, LLC and Crossroads, Financial Services, LLC.

Togut, Segal & Segal LLP, By: Frank A. Oswald, Esq. , Lara R. Sheikh, Esq. , New York, NY, Counsel for Creditor Eric Teng.

Chapter 11

MEMORANDUM OF DECISION AND ORDER

ALLAN L. GROPPER, UNITED STATES BANKRUPTCY JUDGE

Before the Court is the motion (the "Motion") of Crossroads ABL, LLC and Crossroads Financial Services, LLC (collectively, "Crossroads"), pursuant to Bankruptcy Code § 1112(b), to dismiss the Chapter 11 petition filed by debtor Quad-C Funding LLC ("Debtor"). Crossroads is a member of the Debtor limited liability company and asserts that the vote to...

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