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In re Fiesta Inn & Suites LP

In re Fiesta Inn & Suites LP

Ruling
Stay pending appeal of judgment that debtor's counsel allowed debtor to exhaust cash collateral denied.
Procedural posture

A chapter 7 debtor's counsel sought a stay pending appeal from an order finding him in contempt and assessing a judgment against him, payable to a creditor whose cash collateral the court found was dissipated in violation of two court orders and in violation of 11 U.S.C.S. § 363(c).

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Commercial opinion summary, case decided on December 21, 2009 , LexisNexis #0210-135