800 Bourbon Street, LLC v. Bay Bridge Building Ltd. (In re 800 Bourbon Street, LLC)

MEMORANDUM OPINION

Hon. Elizabeth W. Magner, U.S. Bankruptcy Judge

This matter came before the Court on October 14, 2015, on cross Motions for Summary Judgment filed by Bay Bridge Building Limited Company, LLC’s (“Bay Bridge”) and 800 Bourbon' Street, LLC (“800 Bourbon or Debtor”).1 At the conclusion of the hearing, the Court set a deadline of October 28, 2015, to file post-hearing briefs. Upon submission of the briefs, the Court took the matters under advisement.

I. Summary Judgment Standard

Summary Judgment is proper when no genuine issues of material fact exist, and the moving party is…