Legal Opinion

In re Fairfield Tic, LLC

United States Bankruptcy Court, E.D. Virginia

Decided December 4, 2018No. CASE NO. 18-73744-VJPublishedCited by 1 opinion

1Opinion of the Court

Paul M. Black, UNITED STATES BANKRUPTCY JUDGE

This matter comes before the Court on the motion of U.S. Bank National Association, as Trustee for the registered holders of LB-UBS Commercial Mortgage Trust 2007-C7, Commercial Mortgage Pass-Through Certificates, Series 2007-C7, (the "Noteholder") a secured creditor of Fairfield TIC, LLC (the "Debtor"), in which Susan E. Collins (the "Receiver"), a court-appointed Receiver for the property in question, has joined. Specifically, the Movants seek an Order from this Court dismissing the Debtor's case pursuant to Section 1112(b) of the Bankruptcy Code…

2Cases cited11 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
  3. Carolin Corporation v. Robert J. Miller, Jr.Court of Appeals for the Fourth Circuit · 1989
  4. Bankr. L. Rep. P 71,956 in Re Natural Land Corporation, Debtor. Natural Land Corporation v. Baker Farms, Inc.Court of Appeals for the Eleventh Circuit · 1987
  5. In Re American Property Corp.United States Bankruptcy Court, M.D. Florida · 1984

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3Cited by1 opinion

  1. In re HunterUnited States Bankruptcy Court, M.D. North Carolina · 2019

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