Community Federal Savings & Loan Ass'n v. Stratford Hotel Co. (In Re Stratford Hotel Co.)

MEMORANDUM AND ORDER

GUNN, District Judge.

This matter is before the Court on the motion of the debtor to stay an order of the bankruptcy court, pending appeal. The bankruptcy court’s September 24 order is at issue here, in which that court granted the motion of Community Federal to set aside the automatic stay and to proceed with a foreclosure sale scheduled for November 9, 1990. 119 B.R. 695 (E.D.Mo. 1990).

The debtor filed a notice of appeal from that order and moved the bankruptcy court to stay its order pending the appeal. Upon denial of the stay motion, the debtor filed the present motion…