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IN RE SOUTHFIELD VENTURES, LLC

Case No. 23-42948.

651 B.R. 439 (2023)

IN RE: SOUTHFIELD VENTURES, LLC, Debtor.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

Signed June 16, 2023.

Attorney(s) appearing for the Case

Robert N. Bassel, Clinton, Michigan, Attorney for Debtor.

Douglas C. Bernstein, Plunkett Cooney, Bloomfield Hills, Michigan, Attorney for City of Southfield, Michigan.

Timothy Graves, Office of the United States Trustee, Detroit, Michigan, Attorney for United States Trustee.

Kevin C. Calhoun, Calhoun & Di Ponio, PLC, Southfield, Michigan, Attorney for Oakland County Treasurer.

Morris B. Lefkowitz, Lefkowitz Law Group, Southfield, Michigan, Attorney for Private Equity Fund, LLC.

OPINION AND ORDER DENYING MOTION TO CONVERT THIS CASE

This Chapter 11 case is a single asset real estate case. Very shortly before filing this bankruptcy case on March 30, 2023, the Debtor purchased what is now its only asset, a vacant former nine-story hotel located at 28100 Franklin Road...

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