Opinion
Civil Action No. 11-cv-02386-MSK-KLM
03-01-2013
WELLS FARGO BANK, N.A., AS TRUSTEE FOR THE REGISTERED HOLDERS OF ML-CFC COMMERCIAL MORTGAGE TRUST 2006-3, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-3, Plaintiff, v. GLENWOOD HOSPITALITY, INC.; NOBLE PROPERTIES OF ARKANSAS, LLC; NOBLE PROPERTIES OF COLORADO, LLC; Defendants.
Michael J. Carrigan Risa Lynn Wolf-Smith Sean M. Hanlon Holland & Hart LLP Attorneys for Plaintiff Frederick T. Winters Frederick T. Winters, LLC Attorney for Defendants Glenwood Hospitality, Inc.; Noble Properties of Arkansas, LLC; and Noble Properties of Colorado, LLC
CONSENT ORDER APPROVING
RECEIVER'S SALE OF PROPERTY
This matter is before the Court on the Expedited Motion for the Court to Approve and Confirm the Sale of Property and Receiver's Report on Same (the "Motion"). Following a hearing on February 28, 2013, the Court ORDERS as follows:
1. The Court authorizes Hospitality Receiver, LLC (the "Receiver") to sell the "Hawthorn Park Inn & Suites" located at 2407 N. Arkansas, Russellville, Arkansas 78201 and the improvements and personal property located thereon (collectively, the "Property"), at a purchase price of $725,000.00.
2. At request of the parties, the approved sale is not subject to the requirements of 28 U.S.C. §§ 2001(b) and 2004.
BY THE COURT:
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Marcia S. Krieger
Chief United States District Judge
CONSENTED TO AND APPROVED: ________________________
Michael J. Carrigan
Risa Lynn Wolf-Smith
Sean M. Hanlon
Holland & Hart LLP
Attorneys for Plaintiff
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Frederick T. Winters
Frederick T. Winters, LLC
Attorney for Defendants Glenwood Hospitality,
Inc.; Noble Properties of Arkansas, LLC; and
Noble Properties of Colorado, LLC