Legal Opinion

In re National Discount Music, Inc.

United States Bankruptcy Court, M.D. Florida

Decided June 19, 1989No. Bankruptcy No. 88-0546-6P1Published

1Opinion of the Court

ORDER ON MOTION FOR RELIEF FROM STAY AND MOTION TO PROHIBIT USE OF CASE COLLATERAL

ALEXANDER L. PASKAY, Chief Judge.

THIS IS a Chapter 11 case and the matters under consideration are a Motion for Relief from Stay and Motion to Prohibit Use of Cash Collateral both filed by Chrysler First Diversified Credit, Inc. (Chrysler First), a creditor in the above-captioned case. It appears that the Debtor, National Discount Music, Inc., and Chrysler First have stipulated that there are no disputed factual issues and the following facts as they appear from the record are as follows:

At the time relevant to…

2Cases cited2 opinions

  1. In the Matter of Harold Laskin, Bankrupt. Harold Laskin, Industrial Rayon CorporationCourt of Appeals for the Third Circuit · 1963
  2. Sherman v. Upton, Inc.South Dakota Supreme Court · 1976

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