Legal Opinion
In re Yishlam, Inc.
United States Bankruptcy Court, S.D. Texas
Decided July 25, 2013No. 13-32786PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARVIN ISGUR, Bankruptcy Judge.
Great Central Mortgage Acceptance Company, Ltd. (“Great Central”) seeks an order designating Yishlam, Inc. (“Yish-lam”) a “single asset real estate” (“SARE”) debtor pursuant to 11 U.S.C. § 101(51B). Because Great Central has failed to meet its burden of proof that the properties satisfy the definition of a SARE, the motion is denied.
Background
Yishlam filed a chapter 11 petition (the “Petition”) on May 6, 2013. On May 31, 2013, Great Central filed its motion for entry of an order determining that the debtor is subject to the single asset real…
2Cases cited5 opinions
- In the Matter of Bell Petroleum Services, Inc., Debtor. United States Environmental Protection Agency v. Sequa Corporation and Chromalloy American Corp., United States of America v. Bell Petroleum Services, Inc., Regal International, Inc. And John R. Leigh, Sequa Corporation and Chromalloy American Corp.Court of Appeals for the Fifth Circuit · 1993
- Ad Hoc Group of Timber Noteholders v. Pacific Lumber Co. (In Re Scotia Pacific Co.)Court of Appeals for the Fifth Circuit · 2007
- In Re Hassen Imports PartnershipUnited States Bankruptcy Court, C.D. California · 2012
- In Re McGrealsUnited States Bankruptcy Court, E.D. Pennsylvania · 1996
- In Re JJMM International Corp.United States Bankruptcy Court, E.D. New York · 2012
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