In re Spanish Peaks Holdings II LLC

Ruling: 
Motion to assume ground lease to nonresidential real property pursuant to asset purchase agreement granted.
Procedural posture: 
Chapter 7 trustee filed a motion to assume a ground lease to certain nonresidential real property as the result of an asset purchase agreement with a buyer who presented the best offer for the debtors' property. The lessees under the ground lease filed an objection to the trustee's motion.
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Commercial case opionion summary, case decided on March 29,2013, LexisNexis #0713-040