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In re La Ruche Imps. Inc.

In re La Ruche Imps. Inc.

Ruling
Chapter 11 debtor with reasonable chance of successful reorganization could use cash collateral to finance operations.
Procedural posture

A chapter 11 bankruptcy debtor moved pursuant to 11 U.S.C. § 363(c)(2)(B) for authority to use the cash collateral of a creditor to finance its continued operations and reorganization, and the creditor opposed the motion.

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opinion summary, case decided on February 08, 2007 , LexisNexis #0407-002