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IN RE TMT PROCUREMENT CORP.

Case No: 13-33763, Case No: 13-33743, Case No: 13-33744, Case No: 13-33745, Case No: 13-33746, Case No: 13-33747, Case No: 13-33748, Case No: 13-33750, Case No: 13-33751, Case No: 13-33752, Case No: 13-33754, Case No: 13-33755, Case No: 13-33756, Case No: 13-33757, Case No: 13-33758, Case No: 13-33759, Case No: 13-33760, Case No: 13-33761, Case No: 13-33762.

534 B.R. 912 (2015)

IN RE: TMT PROCUREMENT CORPORATION, et al C Whale Corporation D Whale Corporation E Whale Corporation G Whale Corporation H Whale Corporation A Duckling Corporation F Elephant Inc. A Ladybug Corporation C Ladybug Corporation D Ladybug Corporation A Handy Corporation B Handy Corporation C Handy Corporation B Max Corporation New Flagship Investment Co Ltd Roro Line Corporation Ugly Duckling Holding Corporation Great Elephant Corporation

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

Signed August 14, 2015.

Attorney(s) appearing for the Case

Jason Gary Cohen , William Alfred Wood, III , Marcy E. Kurtz , Bracewell & Giuliani LLP, Houston, TX, Evan D. Flaschen , Bracewell & Giuliani LLP, Hartford, CT, for TMT Procurement Corporation, et al.

MEMORANDUM OPINION

Hsin-Chi Su has established that there is a substantial or continuing loss to or diminution of the estate under 11 U.S.C. § 1112(b)(4)(A). The appointment of an examiner under § 1112(b)(1) is in the best interests of the creditors and the estates. The Court...

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