Legal Opinion

In re Aida's Paradise, LLC

United States Bankruptcy Court, M.D. Florida

Decided January 14, 2013No. 6:12-bk-00189-KSJPublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM OPINION DENYING TD BANK’S MOTION TO STRIKE OR DISMISS DEBTOR’S MOTION TO EQUITABLY SUBORDINATE UNSECURED CLAIM

KAREN S. JENNEMANN, Bankruptcy Judge.

Aida’s Paradise is a multi-member, Florida Limited Liability Company that owns valuable real property located on International Drive in Orlando’s tourist corridor. Until recently, the Debtor leased a large portion of its holdings to a restaurant op*808erated as the Salt Island Chophouse and Fish Market (“Salt Island”). The departure of Salt Island, which once contributed approximately 70% of the Debtor’s rental revenue, is the subject of…

2Cases cited19 opinions

Ashcroft v. IqbalSupreme Court of the United States · 2009
Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
In the Matter of Multiponics, Incorporated, Bankrupt. MacHinery Rental, Inc. And Carl Biehl v. William W. Herpel, TrusteeCourt of Appeals for the Fifth Circuit · 1980
Manuel Davila v. Delta Air Lines, Inc.Court of Appeals for the Eleventh Circuit · 2003
In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983

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3Cited by1 opinion

Citrus Tower Boulevard Imaging Center, LLC v. Key Equipment Finance, Inc. (In re Citrus Tower Boulevard Imaging Center, LLC)United States Bankruptcy Court, N.D. Georgia · 2014