In Re Kaplan Breslaw Ash, LLC
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION ON MOTION FOR RELIEF FROM THE STAY
ROBERT E. GERBER, Bankruptcy Judge.
Introduction
In this case under chapter 11 of the Bankruptcy Code, Avuncular Lenders LLC (the “Mortgageholder”) moves for relief from the stay under sections 362(d)(2) and (1) of the Bankruptcy Code to permit the Mortgageholder to complete the foreclosure of a mortgage encumbering the warehouse owned by debtor and debtor-in-possession Kaplan Breslaw Ash, LLC (the “Debtor”). For the reasons that follow, the motion is granted, under each of sections 362(d)(2) and 362(d)(1). The following constitutes the Court’s ,…
2Cases cited43 opinions
- United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
- R.G. Group, Inc., and R.G. Restaurant Associates v. The Horn & Hardart Company, and Bojangles' of America, Inc.Court of Appeals for the Second Circuit · 1984
- In Re Sonnax Industries, Inc., Debtor. Sonnax Industries, Inc. v. Tri Component Products Corp.Court of Appeals for the Second Circuit · 1990
- Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
- In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983
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