IN RE B.R. BROOKFIELD COMMONS NO. 1 LLC

No. 13-2241.

735 F.3d 596 (2013)

In re B.R. BROOKFIELD COMMONS NO. 1 LLC, et al., Debtors-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided November 4, 2013.


Attorney(s) appearing for the Case

Jeffrey Dan , Crane, Heyman, Simon, Welch & Clar, Chicago, IL, David B. Goroff , Foley & Lardner, LLP, Chicago, IL, Ann Marie Uetz , Foley & Lardner LLP, Detroit, MI, for Debtors-Appellants.

Before BAUER, FLAUM, and ROVNER, Circuit Judges.


BAUER, Circuit Judge.

In this bankruptcy proceeding, the creditor, ValStone Asset Management, LLC ("ValStone"), succeeded to the rights of a second mortgage secured by a lien on a shopping center owned by the B.R. Brookfield Commons No. 1, LLC and B.R. Brookfield Commons No. 2, LLC ("Brookfield"). Brookfield argues that because the second mortgage is a nonrecourse loan, and there was no equity in the shopping center at the time of the bankruptcy filing, the claim...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases