Keltic Financial Partners, LP v. Foreside Management Co. (In Re Foreside Management Co.)

VAUGHN, Bankruptcy Judge.

Keltic Financial Partners, LP (“Keltic”), appeals from the bankruptcy court’s order authorizing Foreside Management Company, LLC (the “Debtor”), to: (1) purchase certain specialized racking equipment from its primary secured lender, Chittenden Trust Company (“Chittenden”); (2) obtain postpetition credit from Chittenden to finance the purchase; and (3) modify an existing lease with one of the Debtor’s tenants. Keltic argues that the bankruptcy court erred in approving the proposed transaction because the Debtor did not show that it was unable to obtain more favorable…