- 11 U.S.C.
Baylake Bank v. TCGC LLC
Oct
01
2008
Ruling
Village's interest in restrictive covenant was not avoidable.
Procedural posture
Defendant debtor and plaintiff bank, mortgage-holder on property owned by debtor, brought a proceeding against movant village, seeking a determination that certain restrictive covenants on the property were either void on their face, preempted by federal law, or subject to avoidance, and an order directing sale of the property free and clear of such restrictions to a Tribe. Pending were cross-motions for summary judgment by the bank and village.
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Court
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