Legal Opinion
Wilmington Savings Fund Society v. 1025 Associates, Inc. (In Re 1025 Associates, Inc.)
United States Bankruptcy Court, D. Delaware
Decided November 14, 1989No. 17-12724PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
HELEN S. BALICK, Bankruptcy Judge.
Wilmington Savings Fund Society (WSFS) has moved for relief from the auto matic stay under 11 U.S.C. § 362(d) to continue its foreclosure action in Delaware Superior Court against debtor’s real property and principal asset.
Background
Debtor 1025 Associates, Inc. (1025), t/a Reagan’s Tavern, operates a neighborhood bar and grill with package store at 1025 Chestnut Street in Wilmington, Delaware. The debtor’s real estate consists of a three-story brick and frame building situated on a corner lot in a primarily ethnic, residential…
2Cases cited12 opinions
- Monroe Park v. Metropolitan Life InsuranceSupreme Court of Delaware · 1983
- Wilson v. BoyceSupreme Court of the United States · 1876
- Pacific Finance Discount Co. v. Whiting (In Re Whiting)United States Bankruptcy Court, E.D. Pennsylvania · 1981
- State v. 0.15 ACRES OF LAND, ETC.Supreme Court of Delaware · 1961
- Unifirst Bank for Savings, F.A. v. Park Timbers, Inc. (In Re Park Timbers, Inc.)United States Bankruptcy Court, D. Delaware · 1985
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3Cited by4 opinions
- Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
- Handler Construction, Inc. v. CoreStates Bank, N.A.Supreme Court of Delaware · 1993
- Sosnowski v. RealTime Resolutions, Inc. (In Re Sosnowski)United States Bankruptcy Court, D. Delaware · 2004
- In Re PoteatUnited States Bankruptcy Court, D. Delaware · 1995