Southeast First National Bank of Miami v. Sundale Associates, Ltd. (In Re Sundale Associates, Ltd.)

FINDINGS OF FACT AND CONCLUSIONS OF LAW

SIDNEY M. WEAVER, Bankruptcy Judge.

This Cause came on for Trial upon an Adversary Proceeding filed by Plaintiff, Southeast First National Bank of Miami (“Southeast”), against the Debtors in Possession, Sundale Associates, Ltd., (“Sun-dale”), and The Sunrise Club, Inc. (“Sunrise”), (hereinafter collectively “the Debtors”), seeking relief from the automatic stay imposed by 11 U.S.C. § 362. The Court having heard the testimony and examined the evidence presented, observed the candor and demeanor of the witnesses, considered the pleadings and arguments of…