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In re Black Angus Holdings, LLC 434 B.R. 612 (Bankr. Kan. 2010)

Case Conclusion Date: 07.23.2010

Practice Area: Chapter 11 Bankruptcy

Outcome: Decision for the mortgage lien holder.

Description: The Court decided that a purchase money mortgage lien acquired subsequent to an after acquired property mortgage provision pursuant to a ground lease has a first priority to sale proceeds in the fee interest of the property.

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