FINDINGS OF FACT AND CONCLUSIONS OF LAW JEFFREY J. GRAHAM , Bankruptcy Judge . This matter comes before the Court on Plaintiff Michael J. Walro's (the "Trustee") Motion for Summary Judgment on his Complaint against The Lee Group Holding Company, LLC (the "Lee Group"), Lester L. Lee ("Debtor"), Brenda R. Lee, Debra Jo Brown, Melinda Gabbard and Larry L. Lee and on the [Cross-]Motion for Summary Judgment filed by Brenda R. Lee, Debra Jo Brown, Melinda Gabbard and Larry L. Lee (the "...
MEMORANDUM OPINION 1 ON VALUATION OF HOTEL ROBYN L. MOBERLY, Bankruptcy Judge. The Debtor filed its chapter 11 case on November 4, 2013. The National Republic Bank of Chicago (the "NRB") is its primary lender and has filed a secured claim in the amount of $22,794,584.05. The Debtor has moved this Court for a hearing to determine the value of NRB's secured claim. 2 The Debtor has an extended exclusivity period up to June 2, 2014 in which to file its plan. The Debtor owns and operates a...
FINDINGS OF FACT AND CONCLUSIONS OF LAW ROBYN L. MOBERLY, Bankruptcy Judge. This matter came before the Court for trial commencing on January 27, 2014 and resuming and concluding on February 14, 2014 upon the Plaintiff's Complaint to Determine Dischargeability of Indebtedness filed on July 17, 2013. The Court heard the testimony of the witnesses, the arguments of counsel and now makes its findings of fact and conclusions of law pursuant to Fed. R. Bankr. P. 7052. Findings of Fact 1....
