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IN RE RIVEROAK INV. CORP.

Bankruptcy No. 80-00360-BKC-TCB, Adv. No. 80-0114-BKC-TCB-A.

9 B.R. 1 (1980)

In re RIVEROAK INVESTMENT CORP., a Florida Corporation. Minnie FISHER, Plaintiff, v. RIVEROAK INVESTMENT CORP., a Florida Corporation, Defendant.

United States Bankruptcy Court, S.D. Florida.

July 15, 1980.

Attorney(s) appearing for the Case

William Manker, Miami, Fla., for debtor/defendant.

S. Alan Stanley, Coral Gables, Fla., for plaintiff.

FINDINGS AND CONCLUSIONS

THOMAS C. BRITTON, Bankruptcy Judge.

Plaintiff seeks a modification of the automatic stay under 11 U.S.C. § 362 to proceed with its mortgage foreclosure which was pending a year before this chapter 11 bankruptcy was filed. (C.P. No. 1) The debtor has answered with a counterclaim that it holds a second mortgage on the same property and that it wants to salvage its interest by reinstating...

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