Legal Opinion
In Re Kenco Consolidated, Inc.
United States Bankruptcy Court, M.D. Florida
Decided March 8, 1993No. Bankruptcy 92-2881-8P7PublishedCited by 1 opinion
1Opinion of the Court
ORDER ON MOTION FOR RELIEF FROM STAY
ALEXANDER L. PASKAY, Chief Judge.
THIS IS a Chapter 7 case which was originally filed as a Chapter 11 case. The matter under consideration is a Motion for Relief from the Automatic Stay filed by Barnett Bank (Barnett), which seeks to enforce a security interest in the accounts and inventory of Kenco Consolidated, Inc. (Debtor). Barnett contends that the automatic stay should be lifted because (1) its security interest is not adequately protected; (2) the property will continue to depreciate; and (3) Barnett will suffer irreparable injury, loss and damage…
2Cases cited3 opinions
- In the Matter of Glasco, Inc., D/B/A Elite Boat Company, Bankrupt. Earl T. Brushwood, Trustee v. Citizens Bank of Perry, a Banking CorporationCourt of Appeals for the Fifth Circuit · 1981
- In Re WalkerUnited States Bankruptcy Court, M.D. Florida · 1992
- Venn v. Roberts Supply, Inc. (In Re Nowling)District Court, N.D. Florida · 1991
3Cited by1 opinion
- Citibank, N.A. v. Sharon Steel Corp. (In Re Sharon Steel Corp.)United States Bankruptcy Court, W.D. Pennsylvania · 1995