Pegasus Again Loses Appeal Of Ch. 11 Dismissal
Judges Susan H. Black, Rosemary Barkett and Frank Hull of the U.S. Court of Appeals for the Eleventh Circuit agreed with the bankruptcy and district courts in dismissing the case for cause on Monday.
The bankruptcy court outlined the debtor's lack of good faith in detail, noting that Pegasus violated several California state court orders, its chief financial...
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