Legal Opinion
In re Arch Hospitality, Inc.
United States Bankruptcy Court, W.D. New York
Decided April 30, 2015No. 12-11606-CLB; 12-11607-CLBPublishedCited by 3 opinions
1Opinion of the Court
DECISION & ORDER
Bucki, Chief U.S.B.J., W.D.N.Y.
The debtors in this Chapter 11 proceeding seek authority to sell a principal asset free and clear of liens. The central issue is whether 11 U.S.C. § 363(f) allows the proposed sale outside the ordinary course of the debtor’s business and without the formality of a confirmed plan of reorgani- • zation.
Rashmikant S. Patel is the president and sole stockholder of Arch Hospitality, Inc., a corporation that- owns a 120-room hotel in the Town of Lancaster, New York. On May 21, 2012, Patel and Arch Hospitality each filed a petition for relief under…
2Cases cited6 opinions
- Futuresource LLC v. Reuters Limited Reuters S.A. And Reuters America Inc.Court of Appeals for the Seventh Circuit · 2002
- Committee of Equity Security Holders v. Lionel Corp. (In re the Lionel Corp.)Court of Appeals for the Second Circuit · 1983
- In Re RobertsUnited States Bankruptcy Court, W.D. Michigan · 2000
- In Re W.R.M.J. Johnson Fruit Farm, Inc.United States Bankruptcy Court, W.D. New York · 1989
- In Re DeCelisUnited States Bankruptcy Court, E.D. Virginia · 2006
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3Cited by3 opinions
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