In re 231 Fourth Avenue Lyceum, LLC
United States Bankruptcy Court, E.D. New York
1Opinion of the Court
Chapter 11
DECISION
CARLA E. CRAIG, Chief United States Bankruptcy Judge
This matter comes before the Court on the motion of P.B. # 7 LLC (“P.B.”) to lift the automatic stay, pursuant to 11 U.S.C. § 362(d)(3)1. Because 231 Fourth Avenue Lyceum, LLC has failed to file a plan of reorganization that has a reasonable possibility of being confirmed within a reasonable time, as required by § 362(d)(3), P.B.’s motion to lift the automatic stay is granted.
JURISDICTION
This Court has jurisdiction of this core proceeding pursuant to 28 U.S.C. §§ 157(b)(2)(A) and (G), 28 U.S.C. § 1334, and the Eastern…
2Cases cited20 opinions
- Steel Co. v. Citizens for a Better EnvironmentSupreme Court of the United States · 1998
- Exxon Mobil Corp. v. Saudi Basic Industries Corp.Supreme Court of the United States · 2005
- Brown v. FelsenSupreme Court of the United States · 1979
- Marvel Characters, Inc., Plaintiff-Counter-Defendant-Appellee v. Joseph H. Simon, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 2002
- Heiser v. WoodruffSupreme Court of the United States · 1946
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3Cited by6 opinions
- Moise v. Ocwen Loan Servicing LLC (In re Moise)United States Bankruptcy Court, E.D. New York · 2017
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- Moxey v. Pryor (In re Moxey)United States Bankruptcy Court, E.D. New York · 2014
- In re RichmondUnited States Bankruptcy Court, E.D. New York · 2014
- In re 231 Fourth Avenue Lyceum, LLCUnited States Bankruptcy Court, E.D. New York · 2014
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