In re Brutsche
Feb
16
2012
Ruling
Relief from stay granted to undersecured creditor in single asset real estate case.
Procedural posture
Two primary secured creditors moved for relief from automatic stay pursuant to 11 U.S.C.S. § 362(d); debtor in possession, the owner of high end development real estate, opposed that motion and filed his own motion to use, as cash collateral, funds held by one of the creditors.
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Court
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