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IN RE CAMBRIDGE COMMERCIAL REALTY, LLC

No. 11-21149REF.

In re: CAMBRIDGE COMMERCIAL REALTY, LLC, Chapter 11, Debtor-in-Possession.

United States Bankruptcy Court, E.D. Pennsylvania.

July 1, 2011.

STATEMENT SUPPORTING JULY 1. 2011 ORDER ANNULLING AUTOMATIC STAY

RICHARD E. FEHLING, Bankruptcy Judge

I. INTRODUCTION AND BACKGROUND

Debtor filed this Chapter 11 case at 9:50 a.m., on Friday April 29, 2011. A sheriffs sale of Debtor's real property had been scheduled to begin at 10:00 a.m., that day, on the foreclosure proceeding of Lafayette Ambassador Bank ("LAB"). Debtor's counsel attempted to notify...

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