Town & Country Event Center LLC

1 FOR PUBLICATION 2 UNITED STATES BANKRUPTCY COURT 3 EASTERN DISTRICT OF CALIFORNIA 4 5 6 In re: ) Case No. 25-24205-C-11 ) 7 TOWN & COUNTRY EVENT CENTER LLC,) ) 8 Debtor. ) ________________________________) 9 10

FINDINGS OF FACT AND CONCLUSIONS OF LAW AND

11 ORDER GRANTING RELIEF FROM AUTOMATIC STAY AND AUTHORIZING IN REM REMEDY PRESCRIBED BY 11 U.S.C. § 362(d)(4) 12 13 CHRISTOPHER M. KLEIN, Bankruptcy Judge: 14 This stay relief motion presents a paradigm case for the “in 15 rem” remedy provided by 11 U.S.C. § 362(d)(4). 16 This is the fourth related chapter 11 case in the past year 17 involving the same real property subject to a secured loan in 18 foreclosure that fully matured more than two years ago. 19 The pattern of filings warrants the conclusion that the 20 present petition was filed in furtherance of a scheme to hinder, 21 delay, or defraud creditors that involved multiple bankruptcy 22 filings affecting the subject real property within the meaning of 23 § 362(d)(4). 24 25 Findings of Fact 26 …