In re TP Inc.

Ruling: 
Consent order allowing company to foreclose set aside to prevent irreparable harm to estate.
Procedural posture: 
The chapter 11 trustee sought to modify, amend, or set aside a consent order entered for the benefit of creditor mortgagee, pursuant Fed. R. Civ. P. 60(b)(1), (2), (3), and (6), made applicable to bankruptcy cases by Fed. R. Bankr. P. 9024. The consent order modified the automatic stay to allow the creditor to proceed with foreclosure on certain of the debtor's properties.
Issue: 
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Commercial case opionion summary, case decided on June 12,2012, LexisNexis #0712-034