In re Blue Stone Real Estate, Construction & Development Corporation

392 B.R. 897 (2008)

Study Aids
Case Briefs Overview
Casebooks
Case Briefs
I
From our private database of 46,300+ case briefs, written and edited by humans—never with AI.

In re Blue Stone Real Estate, Construction & Development Corporation

United States Bankruptcy Court for the Middle District of Florida
392 B.R. 897 (2008)

Facts

James DeMaria was the owner and principal of Blue Stone Real Estate, Construction & Development Corporation (Blue Stone) (debtor). Blue Stone filed for reorganization under chapter 11 of the bankruptcy code. While acting as the debtor in possession, DeMaria repeatedly engaged in uncooperative and grossly incompetent behavior. The United States Trustee Program filed a motion under § 1104(a) of the bankruptcy code seeking to appoint a chapter 11 trustee, alleging that DeMaria’s conduct rose to the level of fraud. Following the United States trustee’s motion, Blue Stone requested the court’s approval to appoint Steven Oscher, a certified public accountant and bankruptcy consultant, as Blue Stone’s chief restructuring officer (CRO). Oscher was an independent, experienced, and well-respected bankruptcy expert. The United States trustee argued that its motion to appoint a chapter 11 trustee prevented Blue Stone from seeking any changes to management.

Rule of Law

Issue

Holding and Reasoning (McEwen, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 802,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 802,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 802,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,300 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

Debtors and Creditors

Key Terms