In Re Highlands of Montour Run, LLC

MEMORANDUM OPINION

PAMELA S. HOLLIS, Bankruptcy Judge.

This matter is before the court on the objection of Wells Fargo Bank, N.A. (“Wells Fargo”) and its successor-in-interest German American Capital Corporation (“GACC,” herein referred to collectively as the “Bank,”) 1 to the motion of Highlands of Montour Run, LLC (the “Debtor”) to approve its disclosure statement. For the foregoing reasons, the Bank’s objection is sustained.

FACTS AND BACKGROUND

The Debtor filed a voluntary petition for Chapter 11 on May 12, 2010. The Debtor, a single asset real estate debtor as defined in 11 U.S.C. §…