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IN RE OCEAN PLACE DEVELOPMENT, LLC.

No. 11-14295 (MBK).

447 B.R. 726 (2011)

In re OCEAN PLACE DEVELOPMENT, LLC., Debtor.

United States Bankruptcy Court, D. New Jersey.

March 31, 2011.

Attorney(s) appearing for the Case

Kenneth A. Rosen, Esq. , John K. Sherwood, Esq. , Wojciech F. Jung, Esq. , Lowenstein Sandler PC, Roseland, NJ, Attorneys for Debtor, Ocean Place Development, LLC.

Joseph A. Boyle , Kelley Drye & Warren LLP, Parsippany, NJ, Attorneys for Creditor, AFP 104 Corp.

OPINION

MICHAEL B. KAPLAN, Bankruptcy Judge.

I. INTRODUCTION

This matter comes before the Court by way of a Motion filed by Debtor, Ocean Place Development, LLC ("Debtor" and/or "Ocean Place") for a final order approving the use of cash collateral. AFP 104 Corp. ("AFP" and/or "Lender"), the secured lender, objects to Debtor's Motion and additionally requests that this Court dismiss the Debtor's bankruptcy case for cause, including bad faith, or...

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