Oct
06
2022
975 Walton Bronx LLC, In re
Ruling:
Debtor could not cure and reinstate the lender's claim absent cure of the nonmonetary defaultdue to debtor’s intentional breach of the change of control covenant. (Bankr. E.D.N.Y.)
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Commercial case opionion summary, case decided on October 06,2022, LexisNexis #1222-046
Sep
23
2022
975 Walton Bronx LLC, In re
Ruling:
Debtor's plan of reorganization was not confirmable to the extent that it provided forreinstatement of a loan accelerated by lender after the debtor concealed a change inownership. (Bankr. E.D.N.Y.)
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Commercial case opionion summary, case decided on September 23,2022, LexisNexis #1122-092
