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In re Nature Leisure Times LLC

In re Nature Leisure Times LLC

Ruling
Free and clear sale of assets by trustee approved where estate cash flow was insufficient to continue operation of debtor's lodge facility.
Procedural posture

The chapter 7 trustee filed a motion pursuant to 11 U.S.C. § 363(b)(1) to sell assets free and clear of all liens and assign executory contracts and unexpired leases.

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Commercial opinion summary, case decided on December 19, 2007 , LexisNexis #0208-003