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IN RE SKYMARK PROPERTIES II, LLC

Case No. 19-40211 Jointly Administered.

597 B.R. 363 (2019)

IN RE: SKYMARK PROPERTIES II, LLC, et al., Debtors.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

Signed February 21, 2019.

Attorney(s) appearing for the Case

Anthony J. Kochis , Scott A. Wolfson , Rachel Walton , Wolfson Bolton PLLC, Troy, Michigan, Attorneys for the Debtors.

Robert A. Weisberg , Christopher A. Grosman , Carson Fischer, P.L.C., Bloomfield Hills, Michigan, Attorneys for Southfield Metro Center Holdings LLC.

John Polderman , Simon PLC, Bloomfield Hills, Michigan, Attorney for Receiver, NAI Farbman.

Marc M. Bakst , J. Adam Behrendt , Bodman PLC, Troy, Michigan, Attorneys for Tenneco Inc.

Kay Standridge Kress , Sean P. McNally , Pepper Hamilton LLP, Southfield, Michigan, Attorneys for Stefanini, Inc.

Douglas C. Bernstein , Plunkett Cooney, Bloomfield Hills, Michigan, Attorney for Morteza Katebian.

Jonathan B. Frank , Maddin, Hauser, Roth & Heller, P.C., Southfield, Michigan, Attorney for Laila Aiizedah, Troy Wilson, and Arash Missaghi.

OPINION REGARDING THE DEBTOR'S CASH COLLATERAL MOTION

I. Introduction

These jointly-administered cases came before the Court for a hearing on February 6, 2019, on three motions, namely:

(1) the joint motion by state court...

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