Hillbilly Ranch, Inc. v. Kahn (In Re Wible)

MEMORANDUM DECISION

THOMAS W. LAWLESS, Chief Judge.

This matter is before the Court on the motion for relief from stay filed by the Hillbilly Ranch, Inc., (“Hillbilly Ranch”) seeking a determination that the seven-day all alcoholic beverage cafe and common victualler’s license (“liquor license”) owned by Kathryn and Kenneth Wible (“the Debtors”) is Hillbilly Ranch’s collateral or, in the alternative, relief from stay so that the Hillbilly Ranch can litigate in state court the validity of its asserted security interest in the liquor license. The underlying issue in this action is what effect the…