Motion: Entry of Final Decree Closing Chapter 11 Case

This legal template titled "Motion: Entry of Final Decree Closing Chapter 11 Case" may pertain to a motion filed in a bankruptcy case under Chapter 11 of the United States Bankruptcy Code. Chapter 11 bankruptcy is typically utilized by businesses or corporations seeking to reorganize their debts and establish a plan for repayment while staying in operation.

In this context, the motion seeks the court's approval for the entry of a final decree that would officially close the Chapter 11 case. Generally, the filing party, which could be the debtor or the debtor's counsel, would present this motion once they have successfully completed the reorganization plan and fulfilled all necessary obligations under Chapter 11.

The motion would likely include a series of declarations, facts, and arguments explaining why the case is ready for closure, emphasizing compliance with the bankruptcy court's orders, approval of creditor claims, successful implementation of the confirmed plan, and resolution of any remaining legal matters. It might also provide a summary of the progress made during the bankruptcy proceedings, including financial improvements, settlements, and any other relevant achievements.

The goal of this template is to request the court's official recognition that the Chapter 11 case has reached its completion and that the debtor has fulfilled its obligations as per the reorganization plan. If granted by the court, the final decree would effectively end the Chapter 11 case, allowing the debtor to resume regular business operations and potentially return to a stable financial standing.