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IN RE HAYDEN DEVELOPMENT CO., INC.

Bankruptcy No. 80-00811K, Adv. No. 80-0255K.

10 B.R. 765 (1981)

In re HAYDEN DEVELOPMENT COMPANY, INC., Debtor. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHESTER, Plaintiff, v. HAYDEN DEVELOPMENT COMPANY, INC., Defendant.

United States Bankruptcy Court, E.D. Pennsylvania.

April 28, 1981.

Attorney(s) appearing for the Case

Thomas H. Broadt, Media, Pa., for plaintiff.

Edgar Y. Harris, Media, Pa., for defendant.

Stephan L. Axelrod, Bala Cynwyd, Pa., for William P. Webb.

OPINION

WILLIAM A. KING, Jr., Bankruptcy Judge.

Presently before the Court is the Complaint of First Federal Savings and Loan Association of Chester to modify the automatic stay pursuant to § 362(d) of the Bankruptcy Code.

After hearing held and in consideration of the evidence presented, the Court makes the following findings of fact and conclusions of law:

FINDINGS OF FACT

1. First Federal Savings and Loan Association of...

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