In re KM Allied of Nampa LLC
Apr
14
2011
Ruling
Relief from stay to collect on note on which debtor was not the obligor but grantor of deed of trust denied.
Procedural posture
Creditor bank filed a motion for relief from the automatic stay of 11 U.S.C.S. § 362(a) and an objection to chapter 11 debtor's disclosure statement under the standards of 11 U.S.C.S. § 1125(a). Debtor was an Idaho limited liability company, and the owner of single asset real estate case as defined in 11 U.S.C.S. § 101(51B).
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Court
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