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IN RE FL.INVEST.USA INC.

Case No. 13-10814-A-11.

In re FL.Invest.USA Inc., Debtor.

United States Bankruptcy Court, E.D. California, Fresno Division.

August 7, 2013.

NOT FOR PUBLICATION

MEMORANDUM DECISION REGARDING MOTION TO DISMISS CHAPTER 11 CASE

DC No. DMG-2.

FREDRICK E. CLEMENT, Bankruptcy Judge.

A Chapter 11 case may be dismissed for lack of good faith. Six years ago, the Nemnis paid $2.4 million to the debtor for stock and oil royalties. After the debtor failed to perform, the Nemnis obtained judgments against the debtor, which remain unsatisfied. Two days after a receiver...

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