Mortgages Ltd. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On January 28, 2015, an objection to the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Mortgages Ltd. and its affiliates.

The filing was assigned docket number 4101 and is described on the court’s official docket as follows:

Omnibus Objection to Motion/Application Rev Op Investors’ Omnibus Objection to ML Manager’s: (i) Motion to Approve Settlement with Guarantors Dale and Vicki Jensen Concerning Sojac Loan; and (ii) Motion to Approve Sale of Real Property (Camelback Ranch Property) (related to motions(s)[4098]) filed by JUSTIN A. SABIN of BRYAN CAVE LLP on behalf of REV OP Investors (Attachments: # (1) Exhibit Exhibit A). (SABIN, JUSTIN)

Mortgages Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 20, 2008. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Arizona. The case number for the lead bankruptcy case is 08-07465. The bankruptcy case is currently assigned to United States Bankruptcy Judge Randolph Haines. The law firm of Greenberg Traurig, LLP is acting as lead bankruptcy counsel to Mortgages Ltd. in the bankruptcy case.


Leave a Reply