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In re Buttermilk Towne Ctr. LLC

In re Buttermilk Towne Ctr. LLC

Ruling
Ruling that single asset real estate debtor's use of rents as cash collateral without equity cushion provided adequate protection reversed.
Procedural posture

Appellant creditor sought review of two orders from the United States Bankruptcy Court for the Eastern District of Kentucky, which held that appellee, a single asset real estate debtor, provided adequate protection for the use of rents as cash collateral under 11 U.S.C.S. § 363 without an equity cushion in the property.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 23, 2010 , LexisNexis #0111-076