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judge magnus stinson

In re River West Plaza-Chicago LLC

Ruling
Appeal of disallowance of secured claim was moot where creditor did not obtain stay of sale of real estate or appeal confirmation order.
Procedural posture

A bankruptcy court disallowed appellant creditor's claim, approved the sale of the debtor's shopping center, and confirmed the liquidation plan. The U.S. District Court for the Northern District of Illinois, Eastern Division, found the creditor did not obtain a stay of the sale or challenge the buyer's status as a good-faith purchaser, and dismissed his appeal as 11 U.S.C.S. § 363(m) rendered his appeal of the disallowance order moot.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 22, 2011 , LexisNexis #0112-078