Legal Opinion

In Re Olde Prairie Block Owner, LLC

United States Bankruptcy Court, N.D. Illinois

Decided December 22, 2011No. 19-05817PublishedCited by 5 opinions

1Opinion of the Court

MEMORANDUM OPINION ON CEN-TERPOINT’S MOTION TO DISMISS DEBTOR’S UPDATED THIRD AMENDED CHAPTER 11 PLAN (Docket No. 1093)

JACK B. SCHMETTERER, Bankruptcy Judge.

I. INTRODUCTION

A. Factual Background

Olde Prairie Block Owner, LLC (“Prairie” or “Debtor”) is Debtor in this Chapter 11 case. Its secured creditor CenterPoint Properties Trust (“CenterPoint”) has pending a Motion to Dismiss the case, contending that Prairie’s pending “Updated Third Amended Plan of Reorganization” proposes an unlawful reorganization.

This relates to an on-going battle between Prairie and CenterPoint over Debtor’s real estate…

2Cases cited15 opinions

  1. Stern v. MarshallSupreme Court of the United States · 2011
  2. In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
  3. Helvering v. Southwest Consolidated Corp.Supreme Court of the United States · 1942
  4. Bazley v. CommissionerSupreme Court of the United States · 1947
  5. In Re: Pws Holding Corporation Bruno's, Inc Food Max of Mississippi, Inc A.F. Stores, Inc Br Air, Inc. Food Max of Georgia, Inc Food Max of Tennessee, Inc Foodmax, Inc Lakeshore Foods, Inc Bruno's Food Stores, Inc Georgia Sales Company Sss Enterprise, Inc W.R. Huff Asset Management Co., L.L.C., in 00-5042 Hsbc Bank Usa, as Indenture Trustee for the 10.5% Senior Subordinated Notes, in 00-5074Court of Appeals for the Third Circuit · 2000

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3Cited by5 opinions

  1. In re Aéropostale, Inc.United States Bankruptcy Court, S.D. New York · 2016
  2. In Re Olde Prairie Block Owner, LLCUnited States Bankruptcy Court, N.D. Illinois · 2012
  3. In re FaisonUnited States Bankruptcy Court, E.D. North Carolina · 2016
  4. DeCurtis Holdings LLCUnited States Bankruptcy Court, D. Delaware · 2023
  5. Figueroa Mountain Brewing, LLCUnited States Bankruptcy Court, C.D. California · 2021

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