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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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