In re Yihe Forbes, LLC v. City of Chelsea

Good Law
United States District Court, Central District of CaliforniaNovember 20, 20252:25-cv-05801California4,165 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA 10 In re YIHE FORBES, LLC, No. CV 25-5801 PA Debtor, OPINION ON APPEAL FROM

BANKRUPTCY COURT

YIHE FORBES, LLC, Bankruptcy Case No. 2:25-bk-12772-NB Appellant, v.

CITY OF CHELSEA,

16 Appellee. 17 18 Before the Court is an appeal filed by debtor YiHe Forbes, LLC (“YiHe” or “Appellant”). YiHe challenges orders from the Bankruptcy Court granting relief from the automatic stay in favor of appellee City of Chelsea (the “City” or “Appellee”), denying YiHe’s effort to have a court-appointed receiver turn over assets to the bankruptcy estate and YiHe as a debtor in possession, dismissing YiHe’s bankruptcy case, and an in rem order preventing YiHe from benefitting from an automatic stay for two years should it file another bankruptcy case involving the subject property. Pursuant to Rule 78 of the Federal Rules of Civil Procedure and Local Rule 7-15, the Court finds that this matter is appropriate for decision without oral argument. YiHe has owned, since…

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