Los Angeles Bankruptcy Attorney

TITLE 11 - BANKRUPTCY
CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY
    SUBCHAPTER II - ADMINISTRATION

-HEAD-
    Sec. 930. Dismissal

-STATUTE-
      (a) After notice and a hearing, the court may dismiss a case
    under this chapter for cause, including - 
        (1) want of prosecution;
        (2) unreasonable delay by the debtor that is prejudicial to
      creditors;
        (3) failure to propose a plan within the time fixed under
      section 941 of this title;
        (4) if a plan is not accepted within any time fixed by the
      court;
        (5) denial of confirmation of a plan under section 943(b) of
      this title and denial of additional time for filing another plan
      or a modification of a plan; or
        (6) if the court has retained jurisdiction after confirmation
      of a plan - 
          (A) material default by the debtor with respect to a term of
        such plan; or
          (B) termination of such plan by reason of the occurrence of a
        condition specified in such plan.

      (b) The court shall dismiss a case under this chapter if
    confirmation of a plan under this chapter is refused.

-SOURCE-
    (Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2623, Sec. 927; Pub. L. 98-
    353, title III, Sec. 496, July 10, 1984, 98 Stat. 384; renumbered
    Sec. 930, Pub. L. 100-597, Sec. 7(1), Nov. 3, 1988, 102 Stat.
    3029.)


                       HISTORICAL AND REVISION NOTES                   

                          LEGISLATIVE STATEMENTS                      
      Section 927(b) of the House amendment is derived from section
    927(b) of the Senate bill. The provision requires mandatory
    dismissal if confirmation of a plan is refused.
      The House amendment deletes section 929 of the Senate amendment
    as unnecessary since the bankruptcy court has original exclusive
    jurisdiction of all cases under chapter 9.
      The House amendment deletes section 930 of the Senate amendment
    and incorporates section 507(a)(1) by reference.

                         SENATE REPORT NO. 95-989                     
      Section 927 conforms to section 98 of current law [section 418 of
    former title 11]. The Section permits dismissal by the court for
    unreasonable delay by the debtor, failure to propose a plan,
    failure of acceptance of a plan, or default by the debtor under a
    conformed plan. Mandatory dismissal is required if confirmation is
    refused.

                          HOUSE REPORT NO. 95-595                      
      Section 926 [enacted as section 927] generally conforms to
    section 98(a) [section 418(a) of former title 11] of current law.
    Stylistic changes have been made to conform the language with that
    used in chapter 11, section 1112. The section permits dismissal by
    the court for unreasonable delay by the debtor that is prejudicial
    to creditors, failure to propose a plan, failure of confirmation of
    a plan, or material default by the debtor under a confirmed plan.
    The only significant change from current law lies in the second
    ground. Currently, section 98(a)(2) provides for dismissal if a
    proposed plan is not accepted, and section 98(b) requires dismissal
    if an accepted plan is not confirmed. In order to provide greater
    flexibility to the court, the debtor, and creditors, the bill
    allows the court to permit the debtor to propose another plan if
    the first plan is not confirmed. In that event the debtor need not,
    as under current law, commence the case all over again. This could
    provide savings in time and administrative expenses if a plan is
    denied confirmation.

                                AMENDMENTS                            
      1984 - Subsec. (b). Pub. L. 98-353 substituted "confirmation of a
    plan under this chapter" for "confirmation".

                     EFFECTIVE DATE OF 1984 AMENDMENT                 
      Amendment by Pub. L. 98-353 effective with respect to cases filed
    90 days after July 10, 1984, see section 552(a) of Pub. L. 98-353,
    set out as a note under section 101 of this title.

-End-