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In re 11447 Second St. I, LLC

12 B 84690
Creditor was entitled to relief from the automatic stay pursuant to 11 U.S.C. § 362(d)(2) with respect to a foreclosure on Debtor’s single asset shopping center because Debtors lacked equity in the shopping center and did not meet their burden to prove that the property was essential for an effective reorganization under a confirmed plan.

Date: 
Wednesday, August 7, 2013