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Franklin Corp. v. Riviera Inn of Wallingford, Inc. (In Re Riviera Inn of Wallingford, Inc.)

United States Bankruptcy Court, D. Connecticut

Decided December 16, 1980No. 19-50281PublishedCited by 20 opinions

1Opinion of the Court

DECISION ON COMPLAINT OF THE FRANKLIN CORPORATION TO LIFT AUTOMATIC STAY.

HOWARD SCHWARTZBERG, Bankruptcy Judge. *

A truly benevolent secured creditor, who was willing to stand by beyond the 120 day period during which the debtor could prepare a plan, as prescribed under Code § 1121(b), and who was twice willing to accept reduced monthly payments in order to accommodate the debtor’s financial distress, has now reached the point where it must seek relief from the automatic stay in order to protect its investment.

FINDINGS OF FACT

1. The debtor, Riviera Inn of Walling-ford, Inc., owns and operates…

2Cases cited6 opinions

  1. City National Bank v. San Clemente Estates (In Re San Clemente Estates)United States Bankruptcy Court, S.D. California · 1980
  2. Heritage Savings & Loan Ass'n v. Rogers Development Corp. (In Re Rogers Development Corp.)United States Bankruptcy Court, E.D. Virginia · 1980
  3. Terra Mar Development Corp. v. Terra Mar Associates (In Re Terra Mar Associates)United States Bankruptcy Court, D. Connecticut · 1980
  4. In Re Hutton-Johnson Co., Inc.United States Bankruptcy Court, S.D. New York · 1980
  5. Castle Ranch I, Ltd. v. Castle Ranch of Ramona, Inc. (In Re Castle Ranch of Ramona, Inc.)United States Bankruptcy Court, S.D. California · 1980

1 more not listed; retrieve them via the Exa API.

3Cited by20 opinions

  1. La Jolla Mortgage Fund v. Rancho El Cajon AssociatesUnited States Bankruptcy Court, S.D. California · 1982
  2. Metropolitan Life Insurance v. Monroe Park (In Re Monroe Park)District Court, D. Delaware · 1982
  3. North East Federal Savings & Loan Ass'n v. Mikole Developers, Inc. (In Re Mikole Developers, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1981
  4. Frankford Trust Co. v. Dublin Properties (In Re Dublin Properties)United States Bankruptcy Court, E.D. Pennsylvania · 1981
  5. Clark Equipment Credit Corp. v. Kane (In Re Kane)United States Bankruptcy Court, M.D. Pennsylvania · 1983

15 more not listed; retrieve them via the Exa API.

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