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IN RE OLDE PRAIRIE BLOCK OWNER, LLC

Bankruptcy No. 10 B 22668.

IN RE: OLDE PRAIRIE BLOCK OWNER, LLC, Chapter 11, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

March 11, 2011.

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON DEBTOR'S MOTION TO ENTER INTO SENIOR SECURED SUPERPRIORITY DEBTOR-IN-POSSESSION CREDIT FACILITY PURSUANT TO 11 U.S.C. § 364(d) [Docket No. 371]

JACK B. SCHMETTERER, Bankruptcy Judge.

Debtor in this Chapter 11 bankruptcy case has moved under 11 U.S.C. § 364(d) to borrow up to $4 million in exchange for a priming lien on its property. CenterPoint Properties Trust ("CenterPoint"), Debtor...

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