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MATTER OF COUNTRY CLUB OF SARASOTA, LTD.

Bankruptcy No. 81-744.

13 B.R. 624 (1981)

In the Matter of COUNTRY CLUB OF SARASOTA, LTD., Debtor. The EQUITABLE LIFE ASSURANCE SOCIETY OF the UNITED STATES, Plaintiff, v. COUNTRY CLUB OF SARASOTA, LTD., Defendant.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

August 5, 1981.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, Williams, Parker, Harrison, Dietz & Getzen, Sarasota, Fla., for plaintiff.

M. Jay Lancer, Sarasota, Fla., for defendant.

FINDINGS OF FACT, CONCLUSIONS OF LAW AND MEMORANDUM OPINION

ALEXANDER L. PASKAY, Chief Judge.

THIS IS a Chapter 11 business reorganization case and the matter under consideration is a complaint filed by The Equitable Life Assurance Society of The United States (Equitable Life) which seeks to lift the automatic stay imposed by § 362(a) of the Bankruptcy Code against property owned by the Country Club of Sarasota, Ltd. (the Debtor).

The facts...

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