IN RE TWO WHEELS PROPERTIES, LLC

CASE No. 20-35372.

625 B.R. 869 (2020)

IN RE: TWO WHEELS PROPERTIES, LLC., Debtor.

United States Bankruptcy Court, S.D. Texas, Houston Division.

Signed December 30, 2020.


Attorney(s) appearing for the Case

Alex Olmedo Acosta , Acosta Law, P.C., Houston, TX, for Debtor.

Jarrod B. Martin , Chamberlain Hrdlicka, Houston, TX, for Trustee.


MEMORANDUM OPINION

A corporation forfeited for tax purposes has one option under Texas state law—to liquidate. Such a corporation cannot take shelter in the bankruptcy court to continue its business functions in contravention of state law. Despite having...

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