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IN RE 10 MAPLE ASSOCIATES, LLC.

No. 11-13639, A.P. No. 11-1283.

In re 10 MAPLE ASSOCIATES, LLC, Debtor(s). 10 MAPLE ASSOCIATES, LLC, Plaintiff(s), v. WESTAMERICA BANK, Defendant(s).

United States Bankruptcy Court, N.D. California.

July 3, 2012.

Memorandum After Trial

ALAN JAROSLOVSKY, Bankruptcy Judge.

I. Background

Plaintiff in this adversary proceeding is Chapter 11 debtor in possession 10 Maple Associates, LLC ("10 Maple"). It alleges that its commercial development project in Sonoma, California, is encumbered improperly by two deeds of trust in favor Sonoma Valley Bank. 10 Maple asserts that these deeds of trust were placed on the property by its former managing member without authorization...

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