In re Lodge at Big Sky LLC
Apr
08
2011
Ruling
Two single-member LLCs allowed to consolidate chapter 11 cases on condition that debtors provided adequate protection of security interests to bank.
Procedural posture
Debtors, two single-member limited liability companies (LLCs), filed separate petitions under Chapter 11 of the Bankruptcy Code and asked the court to consolidate their cases. A bank filed motions seeking orders requiring the debtors to provide adequate protection, and the United States Trustee ("UST") filed a motion to dismiss the debtors' cases or, in the alternative, to convert them to cases under chapter 7 of the Bankruptcy Code.
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Court
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