MATTER OF ROYAL D'IBERVILLE CORP.

Bankruptcy No. 8002803SC, Adv. No. 800191SC.

10 B.R. 37 (1981)

In the Matter of ROYAL d'IBERVILLE CORPORATION d/b/a Royal d'Iberville Hotel. KIMBROUGH INVESTMENT COMPANY, Plaintiff, v. ROYAL d'IBERVILLE CORPORATION Debtor-In-Possession, Defendant.

United States Bankruptcy Court, S.D. Mississippi, S.D.

January 26, 1981.


Attorney(s) appearing for the Case

Pat H. Scanlon, Jackson, Miss., for plaintiff.

Clyde Hurlbert, Biloxi, Miss., and Robert Trauner, Atlanta, Ga., for defendant.


OPINION OF THE COURT

BARNEY E. EATON, III, Bankruptcy Judge.

On October 28, 1980, Kimbrough Investment Company, holding a first mortgage lien on the debtor-in-possession's property, filed a complaint to lift the automatic stay made operative by Section 362 of the Bankruptcy Code (11 U.S.C. § 362). Having heard the arguments of the parties and having reviewed the pleadings on file, the Court makes the following entry:

I.

1. The debtor...

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