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IN RE NICHOLSON HOLDINGS, INC.

No. 12-18169.

497 B.R. 430 (2013)

In re NICHOLSON HOLDINGS, INC., Debtor(s).

United States Bankruptcy Court, E.D. Pennsylvania.

June 5, 2013.

Attorney(s) appearing for the Case

George M. Conway, United States Trustee, Philadelphia, PA, for U.S. Trustee.

Edward J. Didonato, Fox Rothschild LLP, Philadelphia, PA, for Terry P. Dershaw, Trustee.

Gregory R. Noonan, Walfish & Noonan, LLC, Norristown, PA, for Debtor.

OPINION IN SUPPORT OF ORDER DATED MAY 15, 2013

STEPHEN RASLAVICH, Bankruptcy Judge.

This Opinion is filed pursuant to Local Bankruptcy Rule 8001-1(b) for the purpose of amplifying the Court's oral bench ruling and Order of May 15, 2013. That Order granted the United States' Trustee's request to convert the case to a Chapter 7 proceeding.

Background

On August 29, 2012, the Debtor commenced this proceeding under Chapter 11 of...

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