Dana Hollister
United States Bankruptcy Court, Central District of CaliforniaMarch 8, 20212:18-bk-12429California7,672 words
Opinion
Trial Court Opinion
FILED & ENTERED
MAR 08 2021
CLERK U.S. BANKRUPTCY COURT Central District of California BY g h a l t c h i DEPUTY CLERK
UNITED STATES BANKRUPTCY COURT
CENTRAL DISTRICT OF CALIFORNIA
LOS ANGELES DIVISION
11 In re: Case No.: 2:18-bk-12429-NB 12 Dana Hollister, Chapter: 11
MEMORANDUM DECISION DENYING 15 Debtor(s) DEBTOR’S FINANCING MOTION
Hearing/Trial: Date: February 25, 2021 Time: 9:00 a.m. Place: Courtroom 1545 255 E. Temple Street 18 Los Angeles, CA 90012 19 The above-captioned Debtor argues that, on the facts of this case, a third lien is “indubitably equivalent” to a second lien. It is not.1 (1) Background Approximately three years ago, on March 6, 2018 (the “Petition Date”), Debtor filed her chapter 11 petition. Debtor's principal asset, known as The Paramour, consists of a main house…