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IN RE CLARENDON HOLDINGS, LLC

Case No. 11-02479-8-SWH.

In re: CLARENDON HOLDINGS, LLC, Debtor.

United States Bankruptcy Court, E.D. North Carolina, Wilmington Division.

October 19, 2011.

ORDER REGARDING VALUATION

STEPHANI W. HUMRICKHOUSE, Bankruptcy Judge.

The matter before the court is debtor Clarendon Holdings, LLC's motion, filed on April 28, 2011, for valuation of collateral consisting of real property owned by the debtor and secured by a deed of trust in favor of creditor Gateway Bank & Trust Company. The issue is whether the court should value the property according to its fair market value or, instead, determine its liquidation...

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