Legal Opinion

In re Belmont Realty Corp.

District Court, D. Rhode Island

Decided March 8, 1990No. Bankruptcy No. 8910863Published

1Opinion of the Court

DECISION AND ORDER DENYING BANK’S MOTION FOR SUMMARY JUDGMENT

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Before the Court for consideration is Rhode Island Hospital Trust National Bank’s (“the bank”) Motion for Summary Judgment, in reference to its Motion for Relief from Stay filed on November 7, 1989.

In support of this motion, the bank, relying on 11 U.S.C. § 362(e) and Bankruptcy Rule 4001(a)(2), argues that the time periods delineated therein have not been complied with, and that as a result, the automatic stay has terminated by operation of law. Rule 4001(a)(2) provides in pertinent…

2Cases cited4 opinions

  1. In Re Wedgewood Realty Group, Ltd. Wedgewood Investment Fund, Ltd. v. Wedgewood Realty Group, LtdCourt of Appeals for the Third Circuit · 1989
  2. Iseberg v. Exchange National Bank & Trust Co. of Chicago (In Re Wilmette Partners)United States Bankruptcy Court, N.D. Illinois · 1983
  3. In Re RobertsUnited States Bankruptcy Court, E.D. Michigan · 1987
  4. In Re BogosianUnited States Bankruptcy Court, D. Rhode Island · 1990

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