Mercado v. Combined Investments, LLC (Mercado)
Bankruptcy Appellate Panel of the First Circuit
1Opinion of the Court
FINKLE, Bankruptcy Judge.
Adalgisa Mercado (the “Debtor”) appeals from the bankruptcy court’s order after remand granting Combined Investments, LLC (“Cl”) relief from the automatic stay pursuant to § 362(d)(2).2 For the reasons set forth below, we AFFIRM.
BACKGROUND
The Debtor and her husband jointly own three properties, one of which is the subject of this appeal (the “Property”). The Debtor rents the Property to various tenants. Cl is the current holder of a note executed by the Debtor and her husband and secured by a mortgage on the Property and an assignment of rents.
*758In January 2012, the…
2Cases cited18 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Soares v. Brockton Credit UnionCourt of Appeals for the First Circuit · 1997
- Bacardi International Limited v. v. Suarez & Co., Inc.Court of Appeals for the First Circuit · 2013
- Joanne Kotler, Individually and as Administratrix, Etc. v. The American Tobacco CompanyCourt of Appeals for the First Circuit · 1992
- Rockwood v. SKF USA Inc.Court of Appeals for the First Circuit · 2012
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