Legal Opinion
In Re Granny Frannies, Inc.
United States Bankruptcy Court, D. South Carolina
Decided April 9, 1984No. 19-00416PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
J. BRATTON DAVIS, Bankruptcy Judge.
The matter before the court is the objection of the trustee to the motion of Virginia National Bank (the bank) for relief from the automatic stay afforded by 11 U.S.C. 1 § 362 2 so that the bank may pursue its state court remedies. The trustee contends that the bank has no lien upon the property of the debtor, and, therefore, is not entitled to relief from the stay.
FACTS
Granny Frannie’s, Inc., (the debtor), filed a petition for relief under Chapter 7 of the Bankruptcy Code on February 2, 1983.
In October 1982, the debtor purchased all of…
2Cases cited9 opinions
- Citizens Savings Bank v. Sac City State BankSupreme Court of Iowa · 1982
- In Re Little Brick Shirthouse, Inc.District Court, N.D. Illinois · 1972
- Theodore O. Ryan, Trustee-Appellant v. John C. Rolland, Claimant-AppelleeCourt of Appeals for the Tenth Circuit · 1970
- Fliegel v. Associates Capital Co. of Delaware, Inc.Oregon Supreme Court · 1975
- Matto's, Inc. v. Olde Colonie Place (In Re Matto's, Inc.)United States Bankruptcy Court, E.D. Michigan · 1981
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3Cited by4 opinions
- American National Bank & Trust Co. v. Matrix IV, Inc. (In Re S.M. Acquisition Co.)United States Bankruptcy Court, N.D. Illinois · 2003
- Charger Boats v. Tepper Industries, Inc. (In Re Tepper Industries)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1987
- In re Madawaska Hardscape Products, Inc.United States Bankruptcy Court, D. South Carolina · 2012
- NCNB National Bank of North Carolina v. Major Leasing, Inc. (In re Major Leasing, Inc.)District Court, D. Georgia · 1991