In Re Innkeepers USA Trust

BENCH DECISION DENYING DEBTORS’ MOTION TO ASSUME PLAN SUPPORT AGREEMENT 1

SHELLEY C. CHAPMAN, Bankruptcy Judge.

Before the Court is the motion (the “Motion”) of Innkeepers USA Trust and its affiliated debtors and debtors in possession (the “Debtors”) for an order authorizing the Debtors to assume a plan support agreement, dated July 17, 2010 (the “PSA”), entered into with Lehman ALI Inc. (“Lehman”). Objections to the Motion were filed by (i) Midland Loan Services, Inc. (“Midland”), (ii) the Property Level Lenders, 2 (iii) the Ad Hoc Equity Committee of Preferred Shareholders, (iv) TriMont Real…