Nevada National Bank v. Casgul of Nevada (In Re Casgul of Nevada)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
HUGHES, Bankruptcy Judge:
Nevada National Bank appeals from an order conditioning relief from the automatic stay imposed by 11 U.S.C. § 362(a) on withholding action against property owned by officers of the debtor corporation. We reverse.
I
Casgul of Nevada, Inc. commenced a case under Chapter 11 of the Bankruptcy Code, converting to Chapter 7 on March 11, 1981. The order appealed from, which is titled Order for Conditional Relief from Stay, was entered on March 20, 1981 after trial was had on the bank’s complaint for relief from stay. 11 U.S.C. § 362(d).
The circumstances leading to the…
2Cases cited1 opinion
- Ramco Industries v. Preuss (In Re Preuss)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1981
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- Philadelphia Gold Corp. v. Fauzio (In Re Philadelphia Gold Corp.)United States Bankruptcy Court, E.D. Pennsylvania · 1985
- In Re Samuel G. Bialac, Debtor. Harsh Investment Corp. And Harsh Building Co. v. Samuel G. Bialac, in Re James T. Bialac, Debtor. Harsh Investment Corp. v. James T. BialacCourt of Appeals for the Ninth Circuit · 1983
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