Blake Street Partners, LLC, ECG SPV Acreage LLC, and L&M Properties and Holdings filed a motion in the US Bankruptcy Court seeking the conversion of UC Colorado Corporation’s bankruptcy case from Chapter 11 reorganization to Chapter 7 liquidation on December 11, 2020. The inaccuracies in the Debtors financial reporting and significant, unauthorized transfers of funds, equipment, and estate assets require further investigation by a fiduciary who will act for the benefit of all creditors. Therefore, Chapter 7 of the Bankruptcy Code is warranted and necessary to allow an independent fiduciary to take control of the Debtors’ estates.