In Re Cormier
United States Bankruptcy Court, D. Montana
1Opinion of the Court
ORDER
JOHN L. PETERSON, Bankruptcy Judge.
In this Chapter 11 proceeding, a secured creditor Neptune Partnership has filed a motion for relief from the automatic stay pursuant to Section 362 of the Bankruptcy Code. Debtors resist said motion on the grounds that they propose to pay Neptune under the Chapter 11 Plan over 30 years and the property is therefore necessary for effective reorganization of the Debtors. Also pending is a motion by creditor Alpha Olsen to convert this case to Chapter 7 or dismiss this cause on grounds the case has been filed for over 13 months without any demonstration…
2Cases cited15 opinions
- In Re American Mariner Industries, Inc., Debtor. Crocker National Bank v. American Mariner Industries, Inc., Debtor-AppelleeCourt of Appeals for the Ninth Circuit · 1984
- Terra Mar Development Corp. v. Terra Mar Associates (In Re Terra Mar Associates)United States Bankruptcy Court, D. Connecticut · 1980
- Matter of GSVC Restaurant Corp.United States Bankruptcy Court, S.D. New York · 1980
- Grand Hudson Corp. v. GSVC Restaurant Corp. (In Re GSVC Restaurant Corp.)District Court, S.D. New York · 1980
- Sundstrom Mortgage Co. v. 2218 Bluebird Ltd. Partnership (In Re 2218 Bluebird Ltd. Partnership)United States Bankruptcy Court, S.D. California · 1984
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3Cited by3 opinions
- In Re FosterUnited States Bankruptcy Court, D. Montana · 1987
- In Re ShermanUnited States Bankruptcy Court, E.D. Texas · 1993
- In Re EhrichUnited States Bankruptcy Court, D. South Dakota · 1989