Legal Opinion

3MB, LLC

United States Bankruptcy Court, E.D. California

Decided December 5, 2019No. 18-14663Unknown

1Opinion

UNITED STATES BANKRUPTCY COURT 1 EASTERN DISTRICT OF CALIFORNIA 2 FRESNO DIVISION 3 4 In re ) Case No. 18-14663-B-11 ) 5 3MB, LLC, ) DC No. LKW-10 ) 6 ) Debtor. ) 7 ) ) 8 ) 9 10 11 MEMORANDUM DECISION ON DEBTOR 3MB’S OBJECTION TO 12 ALLOWANCE OF U.S. BANK’S AMENDED CLAIM 13 14 INTRODUCTION 15 Debtor limited liability company borrowed about $9.5 16 million from claimant’s predecessor secured by the debtor’s 17 shopping center and the rents the center generates. The debtor 18 could not retire the loan when it matured two- and one-half 19 years ago. Then this chapter 11 case was filed halting 20…

2Cases cited28 opinions

  1. Travelers Casualty & Surety Co. of America v. Pacific Gas & Electric Co.Supreme Court of the United States · 2007
  2. Garrett v. Coast & Southern Federal Savings & Loan Ass'nCalifornia Supreme Court · 1973
  3. Neilson v. ChangCourt of Appeals for the Ninth Circuit · 2001
  4. Ashford v. Consolidated Pioneer Mortgage (In Re Consolidated Pioneer Mortgage)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1995
  5. In the Matter of Wayne M. Laymon, Debtor. Theron Bradford, Trustee v. James Crozier, TrusteeCourt of Appeals for the Fifth Circuit · 1992

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