IN RE 5-LEAF CLOVER CORP.

Bankruptcy Nos. 80-50053, 80-50054, 80-50052, A.P. Nos. 80-0103, 80-0104, 80-0102.

6 B.R. 463 (1980)

In re 5-LEAF CLOVER CORP., J & J Motors, Inc., and W & C Coal Company, Debtors. INGERSOLL-RAND FINANCIAL CORPORATION, a corporation, Plaintiff, v. 5-LEAF CLOVER CORP., J & J Motors, Inc., and W & C Coal Company, corporations, Defendants.

United States Bankruptcy Court, S.D. West Virginia.

September 3, 1980.


Attorney(s) appearing for the Case

James K. Sheatsley, Higgins & Gorman, Beckley, W. Va., for the defendants, 5-Leaf Clover Corp., J & J Motors, Inc., and W & C Coal Company.

P. Michael Pleska, Bowles, McDavid, Graff & Love, Charleston, W. Va., and Robert Rosenberg, Ingersoll-Rand Financial Corporation, Paramus, N.J., for the plaintiff, Ingersoll-Rand Financial Corporation.


MEMORANDUM OF OPINION

EDWIN F. FLOWERS, Bankruptcy Judge.

Ingersoll-Rand Financial Corporation asks that the automatic stay imposed by 11 U.S.C. § 362 be lifted to enable it to repossess certain mining equipment owned by the Debtors in which Ingersoll-Rand claims a security interest.

A preliminary hearing on the matter was held on July 9, 1980. At that time, the Court approved a motion to consolidate the three cases for hearing since the evidence...

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