IN RE 1141 REALTY OWNER LLC

Case No. 18-12341 (SMB) (Jointly Administered).

598 B.R. 534 (2019)

IN RE: 1141 REALTY OWNER LLC, et al., Debtors.

United States Bankruptcy Court, S.D. New York.

Signed March 18, 2019.


Attorney(s) appearing for the Case

KLESTADT WINTERS JURELLER, SOUTHARD & STEVENS, LLP, 200 West 41st Street, 17th Floor, New York, New York 10036, Tracy L. Klestadt, Esq. , Joseph C. Corneau, Esq. , Christopher Reilly, Esq. , Of Counsel, Attorneys for Debtor and Debtor-in-Possession.

SIDLEY AUSTIN LLP; 787 Seventh Avenue, New York, New York 10019, Michael G. Burke, Esq. , Dennis Kao, Esq. , Of Counsel, Attorneys for Wilmington Trust, NA., solely in its capacity as Trustee

BACKENROTH FRANKEL & KRINSKY, LLP, 800 Third Avenue, New York, New York 10002, Mark A. Frankel, Esq. , Of Counsel, Attorneys for TCG Debt Acquisitions 2 LLC.


MEMORANDUM DECISION AND ORDER GRANTING SUMMARY JUDGMENT REGARDING THE ENFORCEABILITY OF YIELD MAINTENANCE DEFAULT PREMIUM

1141 Realty Owner LLC ("Debtor") owns the Flatiron Hotel, a 62-room hotel located at 9 West 26th Street a/k/a 1141 Broadway, New York, New York ("Property"). The...

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