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LSREF2 Baron LLC v. Alexander SRP Apts. LLC (In re Alexander SRP Apts. LLC)

LSREF2 Baron LLC v. Alexander SRP Apts. LLC (In re Alexander SRP Apts. LLC)

Ruling
Prepetition waiver of right to object to motion for relief from stay was enforceable.
Procedural posture

Movant, holder of a $17.3 million promissory note and deed on debtor's apartment complex, sought relief from the automatic stay under 11 U.S.C.S. § 362(d) in order to pursue foreclosure.

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Commercial opinion summary, case decided on April 21, 2012 , LexisNexis #0712-011