IN RE 126 LLC

Case No. 12-35157 (DHS).

In Re: 126 LLC, Debtor.

United States Bankruptcy Court, D. New Jersey.

July 14, 2014.


Attorney(s) appearing for the Case

Hodgson Russ LLP Heidi J. Sorvino, Esq. , New York, New York, Counsel for Debtor, City of Newark.

James A. Rybka, Esq. , Assistant Corporation Counsel Department of Law, Newark, New Jersey, Counsel for City of Newark.

Ansell Grimm & Aaron PC, James G. Aaron, Esq. , Ocean, New Jersey, Counsel for W.A.S. Terminals Corp.

Donald F. MacMaster, Esq. Office of the United States Trustee, Newark, New Jersey, United States Trustee.


OPINION

DONALD H. STECKROTH, Bankruptcy Judge.

This is the Court's decision with respect to the hearing ("Hearing") held July 8, 2014, in which the debtor, 126 LLC ("Debtor"), sought to have this Court fix the fair market value of the Debtor's real property located at 126 Passaic Street, Newark, New Jersey 07104 (the "Property"), which was the subject of an auction sale and subsequent hearing before this Court approving such sale on...

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