First Yorkshire Holdings, Inc. v. Pacifica L 22, LLC. (In Re First Yorkshire Holdings, Inc.)
United States Bankruptcy Appellate Panel for the Ninth Circuit
1Opinion of the Court
OPINION
KIRSCHER, Bankruptcy Judge.
Appellant, debtor First Yorkshire Holdings, Inc. (“First Yorkshire”), appeals an order from the bankruptcy court granting appellee, Pacifica L 22, LLC (“Pacifica”), relief from the automatic stay under 11 U.S.C. § 362(d)(2) and (d)(4). 1 As we find the bankruptcy court abused its discretion by failing to make any findings on the equity and value of First Yorkshire’s property interest in its junior deed of trust under § 362(d)(2), We VACATE and REMAND with instructions to enter findings. We also find the bankruptcy court abused its discretion in granting…
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