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Alpine Bank v. Lakota Canyon Ranch Dev. LLC (In re Lakota Canyon Ranch Dev.)

Alpine Bank v. Lakota Canyon Ranch Dev. LLC (In re Lakota Canyon Ranch Dev.)

Ruling
Relief from stay granted given lack of equity cushion, decline in property value and no probability of confirmable plan.
Procedural posture

A creditor filed a motion for relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1) and (d)(2).

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Commercial opinion summary, case decided on January 25, 2012 , LexisNexis #0212-111