In re General Growth Props.

Ruling: 
Retirement fund entitled to default rate of interest on loan to debtor pursuant to terms of promissory note.
Procedural posture: 
Debtor filed a petition under Chapter 11 of the Bankruptcy Code, and proposed a plan for reorganizing its business operating shopping malls. The Comptroller of the State of New York, as trustee of the Common Retirement Fund, filed an objection to the debtor's plan.
Issue: 
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Commercial case opionion summary, case decided on June 16,2011, LexisNexis #0711-058