In Re Oneida Lake Development, Inc.

MEMORANDUM-DECISION, FINDINGS OF FACT, CONCLUSIONS OF LAW AND ORDER

STEPHEN D. GERLING, Bankruptcy Judge.

This contested matter comes before the Court on the motion of Oneida Lake Development, Inc., d/b/a Wood Pointe Marine (“Debtor”) for an order pursuant to § 363 of the Bankruptcy Code (11 U.S.C.A. §§ 101-1330) (West 1989) (“Code”), permitting it to sell all of its real estate, together with all physical assets to Raymond H. Bloss (“Bloss”) for the sum of $750,000.00 in accordance with the terms of a written purchase offer which is subject to the approval of this Court.

At a hearing held on…