Trustee’s Twenty-Third Report
On October 8, 2020, the Trustee served materials in connection with its motion returnable October 15, 2020, in support of the Trustee’s request for an order (“Port Place 2 Order”) that:
Approves and authorizes the Trustee to enter into certain subordination and priority agreements. The effect of the subordination and postponement agreements will be to subordinate BDMC’s second priority mortgage to the third priority mortgage registered on title to the Port Place 2 project properties.
Copies of the materials filed on October 8, 2020, including the Trustee’s Twenty-Third Report, are available below.