What is the effect of conversion of a debtor's bankruptcy from a chapter 11 proceeding to a chapter 7 proceeding?
California, United States of America
The following excerpt is from Fuchs & Assocs., Inc. v. Lesso, c/w B254116, No. B252232 (Cal. App. 2015):
Parker v. Bain is also inapposite. It did not involve conversion of the debtor's bankruptcy from a chapter 11 proceeding to a chapter 7 proceeding, nor was there any issue as to whether relief obtained from the automatic stay in the chapter 11 proceeding continues in effect after conversion to a chapter 7 proceeding.
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