Legal Opinion

In re 231 Fourth Avenue Lyceum, LLC

United States Bankruptcy Court, E.D. New York

Decided February 28, 2014No. Case No. 13-42125 (CEC)PublishedCited by 6 opinions

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

  1. Steel Co. v. Citizens for a Better EnvironmentSupreme Court of the United States · 1998
  2. Exxon Mobil Corp. v. Saudi Basic Industries Corp.Supreme Court of the United States · 2005
  3. Brown v. FelsenSupreme Court of the United States · 1979
  4. Marvel Characters, Inc., Plaintiff-Counter-Defendant-Appellee v. Joseph H. Simon, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 2002
  5. Heiser v. WoodruffSupreme Court of the United States · 1946

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3Cited by6 opinions

  1. Moise v. Ocwen Loan Servicing LLC (In re Moise)United States Bankruptcy Court, E.D. New York · 2017
  2. In re RichmondUnited States Bankruptcy Court, E.D. New York · 2014
  3. Moxey v. Pryor (In re Moxey)United States Bankruptcy Court, E.D. New York · 2014
  4. In re RichmondUnited States Bankruptcy Court, E.D. New York · 2014
  5. In re 231 Fourth Avenue Lyceum, LLCUnited States Bankruptcy Court, E.D. New York · 2014

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