United States Bankruptcy Court, D. Puerto Rico September 9, 2013, No. 12-01076 (ESL) (In re National Promoters & Services, Inc.)

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United States · · · 09-09-2013

OPINION AND ORDER

ENRIQUE S. LAMOUTTE, Bankruptcy Judge.

This case is before the court upon the Debtor’s Motion to Set Aside Order Prohibiting the Use of Cash Collateral and to Show Cause (the “Motion for Reconsideration ”, Docket No. 186). The main controversy hinges on whether creditor LSREF2 Island Holdings Ltd. (“Island Holdings”) has a valid lien over the Debtor’s rent proceeds.

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