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Seaview: December 3 sale-hearing transcript excerpts, ECF 36

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路1路 路 路 路 路 路 MR. LEWANDOWSKI:路 That is correct.路 We 路2路 路don't want to get into a specific amount.路 That is 路3路 路not the purpose today.路 We just want to have 路4路 路Mr. Bushi (phonetic) testify.路 He would indicate 路5路 路that the approximate deficiency is $5 million in 路6路 路terms of -- if the sale goes through for 路7路 路$9,050,000 versus what the loan balance is.路 There 路8路 路will still be an approximate $5 million 路9路 路deficiency. 10路 路 路 路 路 路 MR. NUNES:路 We have no objection to that. 11路 路 路 路 路 路 THE COURT:路 Okay. 12路 路 路 路 路 路 MR. LEWANDOWSKI:路 Your Honor, that is all 13路 路we have for that. 14路 路 路 路 路 路 THE COURT:路 All right. 15路 路 路 路 路 路 At this time, are you all going to ask 16路 路for the approval of the sale or -- 17路 路 路 路 路 路 MR. LEWANDOWSKI:路 Yes.路 I'm ready to 18路 路close. 19路 路 路 路 路 路 THE COURT:路 Okay. 20路 路 路 路 路 路 MR. LEWANDOWSKI:路 So we tried to give the 21路 路Court the information that it would need to 22路 路approve the sale of the property today.路 We should 23路 路show what we think are the extensive efforts to 24路 路give notice.路 We published general notice.路 We 25路 路have done individual notice.路 We have contacted 27 Case 25-23251-MEH Doc 36 Filed 12/30/25 Entered 12/30/25 17:29:32 Desc Main Document Page 34 of 54 Transcript of Proceedings - December 03, 2025 Transcript of Proceedings - December 03, 2025 31 YVer1f ANN public excerpt | ECF 36 | original PDF 34/54
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