MATTER OF SERVO SYSTEMS, INC.

Bankruptcy No. 81 B 10005.

11 B.R. 879 (1981)

In the Matter of the SERVO SYSTEMS, INC., Debtors.

United States Bankruptcy Court, S.D. New York.

June 16, 1981.


Attorney(s) appearing for the Case

Thomas J. Abinanti, White Plains, N.Y., for debtor.

Glass, Howard & Crane, New York City by Robert L. Howard, New York City, of counsel, for Larchmont Federal Savings & Loan.


DECISION ON MOTION TO DISMISS THIS REORGANIZATION PROCEEDING

BURTON R. LIFLAND, Bankruptcy Judge.

The debtor, on the morning of a scheduled State Court mortgage foreclosure sale, filed a petition under Chapter 11 of the Bankruptcy Code. It additionally sought and obtained a stay order directed against the scheduled sale. The order was ignored despite actual notice to the participants at the sale. Within weeks of the commencement of the case, the debtor's...

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