In re LMR, LLC
United States Bankruptcy Court, W.D. Texas
1Opinion of the Court
OPINION REGARDING CONFIRMATION OF PLAN OF REORGANIZATION
H. CHRISTOPHER MOTT, Bankruptcy Judge.
“The great advantage of a hotel is that it is a refuge from home life.”
—George Bernard Shaw
This case involves a Chapter 11 debtor hotel owner that experienced financial difficulties as the result of the unexpected loss of its prior franchise and the nationwide recession. In a remarkable turnaround, this debtor has been able to recover during its bankruptcy case due to a rising Austin hotel market that is increasing its revenue and value. As more people travel to Austin to engage in leisure pursuits —…
2Cases cited20 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- Associates Commercial Corp. v. RashSupreme Court of the United States · 1997
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- In The Matter Of T-H New Orleans Limited Partnership, DebtorCourt of Appeals for the Fifth Circuit · 1997
- In Re American Solar King Corp.United States Bankruptcy Court, W.D. Texas · 1988
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3Cited by3 opinions
- In re TurcotteUnited States Bankruptcy Court, S.D. Texas · 2017
- Fred Jay BresslerUnited States Bankruptcy Court, S.D. Texas · 2021
- JSAA Realty, LLCUnited States Bankruptcy Court, N.D. Texas · 2022