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In re Harvest Oaks Drive Assocs. LLC

In re Harvest Oaks Drive Assocs. LLC

Ruling
Cash collateral order granted to debtor shopping center owner and operator over creditor's objection.
Procedural posture

Pursuant to 11 U.S.C.S. § 363, petitioner debtor, which was a debtor in possession that owned and operated a shopping center, filed a motion seeking authorization to use cash collateral to fund the ongoing operations of the business. Respondent creditor, a secured lender, contested the motion. The court entered its findings of fact and conclusions of law.

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Commercial opinion summary, case decided on April 30, 2011 , LexisNexis #0611-113