Terra Mar Development Corp. v. Terra Mar Associates (In Re Terra Mar Associates)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• \ 'Indispensability of the property to the debtor's survival and hope of rehabilitation is not enough ... to justify continuation of the stay when rehabilitation is hopeless....' \
• “. .. reference to an ‘effective’ reorganization should require relief from the stay if there is no reasonable likelihood of reorganization due to creditor dissent or feasibility considerations .... ”
• “ ‘Indispensability of the property to the debtor’s survival and hope of rehabilitation is not enough ... to justify continuation of the stay when rehabilitation is hopeless....’”

Source: CourtListener parenthetical corpus (CC0).