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IN RE MASTERWORKS, INC.

No. 5-88-00540.

100 B.R. 149 (1989)

In re MASTERWORKS, INC., Debtor.

United States Bankruptcy Court, D. Connecticut.

May 31, 1989.

Attorney(s) appearing for the Case

S. Heath, New Haven, Conn., for U.S. trustee/movant.

Stephen Sakonchick, II, Pullman, Comley, Bradley & Reeves, Bridgeport, Conn., for Scandia Down Corp.

Byron Paul Yost, Hogan, Evans, Baldwin, Rini, Yost & Mednick, P.C., Bridgeport, Conn., for debtor/respondent.

MEMORANDUM AND ORDER ON MOTION TO CONVERT OR DISMISS CHAPTER 11 CASE

ALAN H.W. SHIFF, Bankruptcy Judge.

The United States Trustee, joined by Scandia Down Corporation, moves pursuant to Bankruptcy Code § 1112(b)(2)1 for an order converting this case to a case under chapter 7 or, in the alternative, dismissing the case. While a number of issues have been raised, the sole question...

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