New Cases For the Week of January 14, 2008 - January 18, 2008
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January 15, 2008 |
Case |
Court |
Holding |
In re Dunmore Homes
(DBN Subscription Required) |
Bankr. SDNY |
Although a Debtor was incorporated in New York, all of its remaining employees, sole shareholder, and the majority of its professionals are located in California. It will be more convenient for them to appear in Sacramento and compulsory process can also issue to require their appearance. The majority of the debtor's physical assets (residential real estate developments) are located in California. The numeric majority of the debtor's creditors are located in California. Under the circumstances, transfer of venue of the debtor's Chapter 11 case to California is warranted. |
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