*"Cause includes substantial or continuing loss to or diminution of the estate and the absence of a reasonable likelihood of rehabilitation; gross mismanagement of the estate; failure to maintain appropriate insurance that poses a risk to the estate or to the public; unauthorized use of cash collateral substantially harmful to one or more creditors; failure to comply with an order of the court; unexcused failure to satisfy timely any filing or reporting requirement established by this title or by any rule applicable to a case under this chapter; failure to attend the meeting of creditors convened under section 341(a) or an examination ordered under Rule 2004 of the Federal Rules of Bankruptcy Procedure without good cause shown by the debtor; failure timely to provide information or attend meetings reasonably requested by the United States trustee (or the bankruptcy administrator, if any); failure timely to pay taxes owed after the date of the order for relief or to file tax returns due after the date of the order for relief; failure to file a disclosure statement, or to file or confirm a plan, within the time fixed by this title or by order of the court; failure to pay any fees or charges required under chapter 123 of title 28; revocation of an order of confirmation under section 1144; inability to effectuate substantial consummation of a confirmed plan; material default by the debtor with respect to a confirmed plan; termination of a confirmed plan by reason of the occurrence of a condition specified in the plan; and failure of the debtor to pay any domestic support obligation that first becomes payable after the date of the filing of the petition. 11 U.S.C. § 1112(6). The list is not exhaustive."
Kingfish note: Its a shame to see a restaurant such as this one fail. It was unique and brought something to the restaurant table in the Jackson area. However, the metro area can only support so many upper-scale restaurants and it seems there is currently a shake-out going on in the local restaurant industry. Farewell to the Duck Nachos.