In Re Sea Island Motor Sales, Inc.
United States Bankruptcy Court, D. South Carolina
1Opinion of the Court
J. BRATTON DAVIS, Bankruptcy Judge.
South Carolina National Bank (SCN) has filed, pursuant to 11 U.S.C. § 362(d), a motion for relief from the automatic stay afforded by 11 U.S.C. § 362(a). The trustee opposes the granting of the motion. The debtor has neither objected to, nor appeared to contest, the motion.
For the reasons hereinafter stated, the motion is granted.
FACTS
The debtor, a used car dealership, filed a petition for relief under Chapter 7 of the Bankruptcy Code (11 U.S.C. § 101 et seq.) on March 25,1985. A trustee of the debtor estate was appointed and is now serving.
The debtor…
2Cases cited4 opinions
- Franklin Investment Co. v. HomburgDistrict of Columbia Court of Appeals · 1969
- Commercial Credit Equipment Corp. v. CarterWashington Supreme Court · 1973
- In Re GreimanUnited States Bankruptcy Court, N.D. Iowa · 1985
- In Re VaughnDistrict Court, M.D. Tennessee · 1968
3Cited by3 opinions
- In Re WoodberryUnited States Bankruptcy Court, D. South Carolina · 2008
- In Re Purity Ice Cream Co., Inc.United States Bankruptcy Court, D. South Carolina · 1988
- Menkel v. Sun Bank & Trust Co. (In re Freedom Rental & Leasing, Inc.)United States Bankruptcy Court, M.D. Florida · 1989