9th Cir. B.A.P.
11-1620

The Bankruptcy Appellate Panel affirmed a bankruptcy court judgment dismissing a debtor’s second Chapter 11 bankruptcy petition. The court held that the current recession, which predated the filing of the debtor’s first Chapter 11 petition, did not constitute the extraordinary circumstance necessary to warrant the setting aside of the debtor’s substantially consummated confirmed plan and the confirmation of a new plan.