In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
EDITH HOT J,AN JONES, Circuit Judge.
The debtor, Little Creek Development Company (Little Creek), appeals from an order of the bankruptcy court lifting the automatic stay so that the secured creditor, Commonwealth Mortgage Corporation (Commonwealth), could foreclose on Little Creek’s single asset, two parcels of undeveloped real estate. The principal issue on appeal is whether the bankruptcy court was clearly erroneous in finding that “cause” to lift the stay pursuant to 11 U.S.C. § 362(d)(1) could be based solely on the remarks of counsel for Little Creek that the bankruptcy petition was…
2Cases cited42 opinions
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- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- Browning v. NavarroCourt of Appeals for the Fifth Circuit · 1984
- In Re Victory Const. Co., Inc.United States Bankruptcy Court, C.D. California · 1981
- In the Matter of Winshall Settlor's Trust, Julie Winshall, Trustee, Debtor-AppellantCourt of Appeals for the Sixth Circuit · 1985
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- Carolin Corporation v. Robert J. Miller, Jr.Court of Appeals for the Fourth Circuit · 1989
- In Re Carol Freeman Marsch, Debtor (Two Cases). John D. Marsch, Claimant-Appellant v. Carol F. Marsch, (Two Cases)Court of Appeals for the Ninth Circuit · 1994
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