- 11 U.S.C.
In re Remember Enters.
Feb
05
2010
Ruling
Trustee's application to sell debtor's restaurant equipment granted over objection of creditor.
Procedural posture
A bankruptcy trustee applied for approval to sell a bankruptcy debtor's restaurant equipment to the debtor's principal who would also assume the debtor's rent and utilities obligations for the restaurant property. A creditor which leased another property to the debtor objected to the sale and moved to dismiss the debtor's case on the ground that the proposed sale was solely for the purpose of avoiding successor liability under state law.
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Court
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