United States Trustee filed a motion in the US Bankruptcy Court for Converting the Case to Chapter 7 or, in the alternative, dismissing the case of Kid Brands, Inc. on September 21, 2017. The motion was filed as Debtors have failed to timely file monthly operating reports and as of the filing of this Motion, no disclosure statement or plan of reorganization has been filed. Upon the events of these cases, the Debtors’ assets have been sold, and operations have ceased. These cases have continued over a protracted period of time, and have failed to present an exit strategy from bankruptcy. Such circumstances present a substantial or continuing loss to or diminution of the estates and the absence of a reasonable likelihood of rehabilitation.