Connecticut Mutual Life Insurance v. S Farms One, Inc. (In Re S Farms One, Inc.)

ORDER ON APPLICATION FOR RELIEF FROM STAY

CHARLES E. MATHESON, Bankruptcy Judge.

This matter came before the Court on the application of Connecticut Mutual Life Insurance Company seeking an order pursuant to 11 U.S.C. § 362(d) granting it relief from the Automatic Stay herein. The Court held a preliminary hearing on April 13, 1987, at which time counsel for the Applicant and the Debtor presented the Court with their declarations of the underlying facts in this case.

The statements made by counsel and the file of this matter indicate that the Debtor, S Farms One, Inc., was organized as a Colorado…