- 11 U.S.C.
In re A-1 Mgmt. Corp.
Nov
09
2011
Ruling
Relief from stay granted to allow mortgagee to pursue in rem relief against debtor's property.
Procedural posture
A creditor filed a motion for relief from the automatic stay in order to pursue completion of an action in state court for foreclosure of its mortgage encumbering a chapter 11 debtor's property. At a hearing on the creditor's motion, both the creditor and the debtor, a single asset real estate entity, presented expert appraisal testimony on the value of the debtor's property.
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Court
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