Legal Opinion

In re TM Vill., Ltd.

United States Bankruptcy Court, N.D. Texas

Decided February 27, 2019No. CASE NO. 18-32770-BJHPublished

1Opinion of the Court

Douglas D. Dodd, United States Bankruptcy Judge

TM Village, Ltd. (the "Debtor ") moved to assume prepetition sales contracts (the "Contracts ") covering forty-three of fifty condominium units it owns. Its motion drew responses from: (1) the majority of counterparties to the Contracts, who refer to themselves as the "Condo Owners ;"1 (2) senior lienholders Tamamoi, LLC and FDRE, Inc. (together, "Tamamoi ");2 (3) Richard Yao, as successor of interest to Yaling Pei, Di Zhang and Young Chen ("Yao ");3 and (4) second lienholder SKR

*853Partners, LLC ("SKR ").4 After an evidentiary hearing the court…

2Cases cited22 opinions

  1. National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
  2. Lubrizol Enterprises, Inc. v. Richmond Metal Finishers, Inc., in Re Richmond Metal Finishers, Inc., DebtorCourt of Appeals for the Fourth Circuit · 1985
  3. McCannon v. MarstonCourt of Appeals for the Third Circuit · 1982
  4. Phoenix Exploration, Inc. v. Yaquinto (In Re Murexco Petroleum, Inc.)Court of Appeals for the Fifth Circuit · 1994
  5. In Re Placid Oil Co.United States Bankruptcy Court, N.D. Texas · 1987

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