Second Circuit: In re: Matthew N. Murray

Creditor seeking to initiate an involuntary bankruptcy must demonstrate prejudice from inadequacy of state legal remedies and that the petition serves the purposes of the Act.

http://www.ca2.uscourts.gov/decisions/isysquery/aa7d1353-0417-45d3-8cb2-69fbe6d60e55/2/doc/17-1272_opn.pdf#xml=http://www.ca2.uscourts.gov/decisions/isysquery/aa7d1353-0417-45d3-8cb2-69fbe6d60e55/2/hilite/