Legal Opinion

Triangle Management Services v. Allstate Savings & Loan Ass'n

District Court, N.D. California

Decided July 14, 1982No. C-82-3395-WAIPublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

WILLIAM A. INGRAM, District Judge.

Plaintiff’s Application for a Preliminary Injunction is denied because in the opinion of the Court the stay of proceedings provided in 11 U.S.C. § 362, does not toll the reinstatement period of a loan secured by deed of trust provided by Civ.C. § 2924, in favor of a junior lien holder-creditor.

This compels a finding that there is not even a fair chance of plaintiff’s ultimately prevailing on trial and therefore fulfillment of the criteria established in this circuit by William Inglis & Sons Baking Co. v. ITT Continental Baking Co., Inc.,…

2Cases cited1 opinion

  1. William Inglis & Sons Baking Co., a Corporation v. Itt Continental Baking Co., Inc.Court of Appeals for the Ninth Circuit · 1976

3Cited by9 opinions

  1. Farm Credit of Central Florida, ACA v. PolkDistrict Court, M.D. Florida · 1993
  2. Maguire v. PuenteNew York Supreme Court · 1983
  3. In Re DriscollUnited States Bankruptcy Court, D. Vermont · 1998
  4. California Thrift & Loan Ass'n v. Downey Savings & Loan Ass'n (In re Eagles)United States Bankruptcy Court, C.D. California · 1982
  5. In Re EaglesUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 1984

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