In re Geneva Anhx IV LLC
United States Bankruptcy Court, C.D. Illinois
1Opinion of the Court
OPINION
THOMAS L. PERKINS, Bankruptcy Judge.
This matter is before the Court on the Amended Motion of AnchorBank, FSB (ANCHORBANK), for relief from the automatic stay or, in the alternative, to dismiss the case. For the following reasons, the Amended Motion will be granted to modify the automatic stay to allow the state court foreclosure action to proceed.
*893 FACTUAL AND PROCEDURAL BACKGROUND
Thirteen (13) related chapter 11 cases were commenced on December 26, 2012. Joint administration was ordered, but the estates have not been substantively consolidated. ANCHORBANK’S Amended Motion, filed in the…
2Cases cited35 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Paul J. Grella, Trustee v. Salem Five Cent Savings BankCourt of Appeals for the First Circuit · 1994
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