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In re Gen. Growth Props.

In re Gen. Growth Props.

Ruling
Debtor authorized to continue to manage cash through system maintained prior to petition date.
Procedural posture

Debtors moved, pursuant to 11 U.S.C.S. §§ 105(a), 345(b), 363(b), 363(c), 364(a), and Fed. R. Bankr. P. 6003, 6004, for (a) authority to (i) continue to operate the Cash Management System, (ii) honor certain prepetition obligations related to the use of the Cash Management System, (iii) maintain existing business forms, and (iv) maintain existing bank accounts; (b) extend the time to comply with § 345(b), and (c) to schedule a final hearing.

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Commercial opinion summary, case decided on May 14, 2009 , LexisNexis #0709-038