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IN RE SOUTHFIELD VENTURES, LLC

Case No. 23-42948.

651 B.R. 439 (2023)

IN RE: SOUTHFIELD VENTURES, LLC, Debtor.

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

Signed June 16, 2023.

Attorney(s) appearing for the Case

Robert N. Bassel , Clinton, Michigan, Attorney for Debtor.

Douglas C. Bernstein , Plunkett Cooney, Bloomfield Hills, Michigan, Attorney for City of Southfield, Michigan.

Timothy Graves , Office of the United States Trustee, Detroit, Michigan, Attorney for United States Trustee.

Kevin C. Calhoun , Calhoun & Di Ponio, PLC, Southfield, Michigan, Attorney for Oakland County Treasurer.

Morris B. Lefkowitz , Lefkowitz Law Group, Southfield, Michigan, Attorney for Private Equity Fund, LLC.

OPINION AND ORDER DENYING MOTION TO CONVERT THIS CASE

This Chapter 11 case is a single asset real estate case. Very shortly before filing this bankruptcy case on March 30, 2023, the Debtor purchased what is now its only asset, a vacant former nine-story hotel located at 28100 Franklin Road...

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