United McGill Corp. v. Milo Ridge Resort & Executive Conference Center (In re Milo Ridge Resort & Executive Conference Center)

MEMORANDUM AND AMENDED ORDER

G. WILLIAM BROWN, Bankruptcy Judge.

The debtor, Milo Ridge Resort & Executive Conference Center d/b/a Rose Island Yacht Club, George Dumstorf, General Partner, filed a petition for relief under the provisions of Chapter 11 of the Bankruptcy Code on November 8, 1982. On the same date, an adversary proceeding was filed on behalf of plaintiff seeking an order lifting the automatic stay pursuant to 11 U.S.C. § 362(d)(1), and for other relief.

*278 Findings of Fact

The plaintiff, United McGill Corporation, is the holder of a perfected security interest in property of the…