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In re AmFin Fin. Corp.

In re AmFin Fin. Corp.

Ruling
Sale of debtor's assets free and clear approved along with sale procedures, waiver of 14-day stay and assumption or rejection of executory contracts.
Procedural posture

The chapter 11 debtors filed a motion for an order (1) approving sale procedures; (2) authorizing a debtor to sell certain assets to a bank free and clear of liens, claims, interests, and encumbrances; (3) approving the assumption and assignment or rejection of executory contracts; (4) waiving the Fed. R. Bankr. P. 6004(g) 14-day stay; and (5) waiving the Bankr. N.D. Ohio R. 9013-2 memorandum requirement. Some creditors filed objections.

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Commercial opinion summary, case decided on August 30, 2010 , LexisNexis #0111-045