Phoenix Dev. & Land Inv. LLC v. SCBT

Ruling: 
Bankruptcy court did not err by treating creditor's entire claim as secured in denying confirmation and granting relief from stay.
Procedural posture: 
Chapter 11 debtor challenged a decision of the U.S. Bankruptcy Court for the Middle District of Georgia, which denied confirmation of its chapter 11 plan of reorganization and granted appellee secured creditor's motion for relief from the automatic stay.
Issue: 
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Commercial case opionion summary, case decided on April 17,2012, LexisNexis #0512-078