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In re Lighthouse Lodge LLC

In re Lighthouse Lodge LLC

Ruling
Creditor's plan providing for sale of debtor's lodge approved provided improper release provision was removed.
Procedural posture

Both the chapter 11 debtor and a moving creditor proposed amended plans of reorganization, each of which was modified in a minor way prior to trial. The amendments were not substantive and did not require re-voting.

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Commercial opinion summary, case decided on December 14, 2010 , LexisNexis #0111-096