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§ 362(d)(3)(B)

In re Crown Ohio Invs. LLC

Mar
12
2010
Ruling
Relief from stay granted conditioned upon debtor's default under interest payment agreement.
Procedural posture

Movant, a creditor mortgagee, filed a motion for relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d). The respondent, a single-asset real estate chapter 11 debtor, filed an opposition to the motion. However, the parties stipulated to a monthly interest payment pursuant to 11 U.S.C.S. § 362(d)(3)(B)(ii) of $ 9,474.95.

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Commercial opinion summary, case decided on March 12, 2010 , LexisNexis #0610-043
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