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In re MARCUS LEE ASSOCIATES, L.P., Chapter 11, Debtor.

ORDER DENYING THE MOTION OF THE DEBTOR FOR RECONSIDERATION OF THIS COURT'S ORDER DATED DECEMBER 29, 2009 DENYING CONTINUED USE OF CASH COLLATERAL GRANTING STAY RELIEF TO WACHOVIA BANK, N.A.

JEAN FITZSIMON, Bankruptcy Judge

AND NOW, this 8th day of January, 2010, based upon the Statement of Reasons in Support of Order also dated January 8, 2010, it is hereby ORDERED that the above motion of the Debtor, Marcus Lee Associates, L.P. ("Debtor") is DENIED. Debtor and Wachovia Bank's counsel, with the input of the Homeowner's Association, are hereby directed to submit a budget for the minimum amount of work anticipated solely to protect the property for the month of January 2010 by 5:00 p.m., January 11, 2010.

It is further ORDERED that Debtor shall serve a copy of this Order and the budget which it is required to file in accordance with this Order by first class mail on the following on or before, January 12, 2010: (1) the United States Trustee, (2) the District Director of the Internal Revenue Service, (3) the Pennsylvania Division of Taxation, (4) all known secured creditors and (5) counsel to the Committee. On the same date, Debtor shall file with the Clerk of Court a Certificate of Service of said mailing.

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IN RE MARCUS LEE ASSOCIATES, L.P. (Bankr.E.D.Pa. 1-8-2010)
(Jan 8, 2010)