§ 363(c)(2)(B)

In re Chardon LLC

Ruling: 
Debtor's motion for use of cash collateral denied absent showing that undersecured creditor was adequately protected.
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Commercial case opionion summary, case decided on January 12,2015, LexisNexis #0215-081

In re Chardon LLC

Ruling: 
Debtor's motion for use of cash collateral denied absent showing that undersecured creditor was adequately protected.
ABI Membership is required to access the full summary of In re Chardon LLC. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on January 12,2015, LexisNexis #0215-081

In re General Auto Bldg. LLC

Debtor applied for an order per 11 U.S.C.S. § 363(c)(2)(B) permitting it to use cash collateral belonging to claimant LLC to compensate debtor's appraiser for certain services while the LLC sought relief from stay per 11 U.S.C.S. § 362 on various grounds including lack of adequate protection.
Ruling: 
Application to use cash collateral to compensate appraiser denied.
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Commercial case opionion summary, case decided on December 28,2012, LexisNexis #0113-078

In re Proceedings Under Chapter 11 Case Nos. 08-16786 & 08-16788

Movant debtors filed a motion for authorization to use cash collateral, pursuant to 11 U.S.C.S. § 363(c)(2)(B). Respondents, a lender and the committee of unsecured creditors, objected to such relief.
Ruling: 
Debtors authorized to use cash collateral to operate business as debtors in possession.
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Commercial case opionion summary, case decided on October 31,2008, LexisNexis #1208-040

In re La Ruche Imps. Inc.

A chapter 11 bankruptcy debtor moved pursuant to 11 U.S.C. § 363(c)(2)(B) for authority to use the cash collateral of a creditor to finance its continued operations and reorganization, and the creditor opposed the motion.
Ruling: 
Chapter 11 debtor with reasonable chance of successful reorganization could use cash collateral to finance operations.
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