In Re Bogosian

DECISION AND ORDER DENYING BANK’S MOTION FOR SUMMARY JUDGMENT

ARTHUR N. YOTOLATO, Jr., Bankruptcy Judge.

Before the Court for consideration is Rhode Island Hospital Trust National Bank’s (“the bank”) Motion for Summary Judgment, in reference to its Motion for Relief from Stay filed on November 7, 1989.

In support of its motion, the bank, relying on 11 U.S.C. § 362(e) and Bankruptcy Rule 4001(a)(2), argues that the time periods delineated therein have not been complied with and that, as a result, the automatic stay has terminated by operation of law. Rule 4001(a)(2) provides, in pertinent…