Beeland Properties, LLC v. TDP Group, LLC

UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF LOUISIANA IN RE: BEELAND PROPERTIES, LLC CASE NO. 24-10461 DEBTOR CHAPTER 11 BEELAND PROPERTIES, LLC PLAINTIFF VERSUS ADVERSARY NO. 24-1030 TDP GROUP, LLC DEFENDANT MEMORANDUM OPINION Beeland Properties, LLC (“Beeland”) filed a voluntary petition under subchapter V of chapter 11 on June 11, 2024. It remains the debtor in possession. On October 31, 2024, Beeland filed this adversary proceeding against TDP Group, LLC (“TDP”), for whom Beeland acted as a surety, seeking, among other things, reimbursement from TDP if Beeland is required to pay the…