In re RYYZ, LLC
United States Bankruptcy Court, E.D. New York
1Opinion of the Court
DECISION AND ORDER GRANTING FANNIE MAE’S MOTION FOR RELIEF FROM THE AUTOMATIC STAY PURSUANT TO 11 U.S.C. § 362(d)(3)
JEROME FELLER, Bankruptcy Judge.
Before the Court is Fannie Mae’s motion for relief from the automatic stay *32pursuant to 11 U.S.C. § 362(d)(3) in the jointly administered, single asset real estate cases of RYYZ, LLC (“LLC”) and RYYZ 2, Corp. (“Corp.”) (together, “Debtors”). Based on the entire record and applicable law, Fannie Mae’s motion is granted. The Debtors did not demonstrate that their plan has a reasonable prospect of being confirmed within a reasonable time as required…
2Cases cited46 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Rake v. WadeSupreme Court of the United States · 1993
- Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
- In Re: Combustion Engineering, Inc. First State Insurance Company Hartford Accident and Indemnity CompanyCourt of Appeals for the First Circuit · 2004
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- East/Alexander Holdings,LLCUnited States Bankruptcy Court, W.D. New York · 2022
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