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In re Olde Prairie Block Owner LLC

In re Olde Prairie Block Owner LLC

Ruling
Single asset real estate case dismissed due to inability to propose feasible plan.
Procedural posture

A secured creditor of chapter 11 debtor filed a motion to modify the stay pursuant to 11 U.S.C.S. § 362(d)(3) or in the alternative to dismiss the debtor's chapter 11 single asset real estate case.

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Commercial opinion summary, case decided on March 14, 2012 , LexisNexis #0412-077