Sun Valley Newspapers, Inc. v. Sun World Corp. (In Re Sun Valley Newspapers, Inc.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
RUSSELL, Bankruptcy Judge:
A secured creditor filed a motion for relief from the automatic stay under § 362(d)(1) and (2). 2 Since there was no equity in the property and the debtor’s plan was uncon-firmable as a matter of law, the bankruptcy court granted the motion for relief under § 362(d)(2). The debtor appeals. We AFFIRM.
I. FACTS
The debtor/appellant, Sun Valley Newspaper, Inc., (“Sun Valley”) has been in the commercial printing business since its incorporation in 1987. It specializes in newspaper, magazine and tabloid-format publishing.
On August 30, 1991, Sun Valley and the…
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