National Bank of Ariz. v. Turnkey Dev. LLC (In re Turnkey Dev. LLC)
Mar
07
2012
Ruling
Stay lifted as to two parcels of real estate where debtor's plan was purely speculative and properties lacked equity.
Procedural posture
Two secured creditors of chapter 11 debtor filed motions to lift the automatic stay imposed by 11 U.S.C.S. § 362(a) on two separate and unrelated parcels.
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Court
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