In Re: LMR, LLC

BVLaw
Full Text of Court Cases
May 24, 2013
7011 Hotels and Motels
721110 Hotels (except Casino Hotels) and Motels
bankruptcy
bankruptcy, chapter 11, bankruptcy code, cramdown, till formula

In Re: LMR, LLC
2013 Bankr. LEXIS 2127
US
Federal Court
Texas
United States Bankruptcy Court
None (debtor); Byron Hinton (creditor)
Mott

Summary

In Chapter 11 proceeding, Bankruptcy Court approves debtor hotel owner’s reorganization plan over objection of creditor that holds both secured and unsecured claims; applying the “Till formula approach,” the court decides the plan’s proposed 6% “cramdown”
In Re: LMR, LLC
PDF, Size: 424 KB

See Also

Court Approves Debtor’s ‘Feasible, But Tight’ Plan With 6% Interest Rate

In Chapter 11 proceeding, Bankruptcy Court approves debtor hotel owner’s reorganization plan over objection of creditor that holds both secured and unsecured claims; applying the “Till formula approach,” the court decides the plan’s proposed 6% “cramdown”

This article also appears in:
Business Valuation & Bankruptcy Compendium