Legal Opinion

La Jolla Mortgage Fund v. Rancho El Cajon Associates

United States Bankruptcy Court, S.D. California

Decided March 11, 1982No. 19-00448PublishedCited by 68 opinions

1Opinion of the Court

OPINION

JAMES W. MEYERS, Bankruptcy Judge.

I

On January 6,1982, the plaintiff, La Jolla Mortgage Fund (“Fund”), filed this complaint seeking relief from the automatic stay. In the complaint, the Fund claimed that there is no equity in the property, which constitutes the collateral for two notes held by the Fund, and that the property is not necessary for an effective reorganization of the defendant-debtor, Rancho El Cajon Associates (“debtor”). The plaintiff also urged relief on the ground that the debtor had failed to provide adequate protection for the Fund’s interest in the property.

On…

2Cases cited45 opinions

  1. Metropolitan Life Ins. v. Murel Holding Corp.Court of Appeals for the Second Circuit · 1935
  2. Roseleaf Corp. v. ChierighinoCalifornia Supreme Court · 1963
  3. Bankers Life Insurance v. Alyucan Interstate Corp. (In Re Alyucan Interstate Corp.)United States Bankruptcy Court, D. Utah · 1981
  4. City National Bank v. San Clemente Estates (In Re San Clemente Estates)United States Bankruptcy Court, S.D. California · 1980
  5. Heritage Savings & Loan Ass'n v. Rogers Development Corp. (In Re Rogers Development Corp.)United States Bankruptcy Court, E.D. Virginia · 1980

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3Cited by68 opinions

  1. In Re Eli Kenneth Mellor and Lisa Mellor, Debtors. Raymond G. Pistole and Raymond R. Bragg v. Eli Kenneth Mellor and Lisa MellorCourt of Appeals for the Ninth Circuit · 1984
  2. In Re Briggs Transportation Company, Debtor. Lend Lease, a Division of National Car Rental Systems, Inc. v. Briggs Transportation Company, in Re Briggs Transportation Company, Debtor. General Motors Acceptance Corporation v. Briggs Transportation CompanyCourt of Appeals for the Eighth Circuit · 1986
  3. James P. Stewart, Trustee of the James P. Stewart and Jeanne F. Stewart Trust v. Phillip S. Gurley Dba Modoc RockCourt of Appeals for the Ninth Circuit · 1984
  4. Empire Enterprises, Inc. v. Koopmans (In Re Koopmans)United States Bankruptcy Court, D. Utah · 1982
  5. In Re George Ruggiere Chrysler-Plymouth, Inc.Court of Appeals for the Eleventh Circuit · 1984

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