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Specializing in insolvency and complex commercial matters since 1974

Bankruptcy And District Courts Deny Motions For Stay Pending Appeal In Scrub Island Resort Cases - January 27, 2015

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On January 25 and January 27, 2015, respectively, the United States Bankruptcy Court and the United States District Court for the Middle District of Florida, Tampa Division entered orders denying motions for stay pending appeal filed by the senior mortgage holder with respect to the joint Chapter 11 plan confirmed on January 20, 2015, paving the way for the funding and implementation of the Plan. Harley E. Riedel, Daniel A. Fogarty, and Michael H. Hooi prepared and filed the appellate papers opposing the grant of a stay.