In re 3G Props. LLC
Nov
05
2010
Ruling
Bank's motion for relief from stay denied where subject property was necessary for effective reorganization and would likely maintain value.
Procedural posture
In a chapter 11 case, a bank filed a motion for relief from the automatic stay under 11 U.S.C.S. § 362(d). It argued that there was lack of adequate protection and that the property was not necessary for an effective reorganization.
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Court
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