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In re East Houston Apts. LLC

In re East Houston Apts. LLC

Ruling
Relief from stay granted to allow creditor to take steps to secure debtor's unfinished apartment complex.
Procedural posture

A creditor, the assignee of a bank note given by a debtor, sought relief from the automatic stay under 11 U.S.C. § 362(d) in order to exercise its right under applicable law with respect to the debtor's property, an unfinished apartment complex.

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Commercial opinion summary, case decided on September 10, 2007 , LexisNexis #1007-074