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IN RE FLEET HEADQUARTERS, INC.

Bankruptcy Nos. 82 C 2949, 82 C 2950, Adv. Nos. 82 A 1168, 82 A 1169.

69 B.R. 119 (1982)

In re FLEET HEADQUARTERS, INC., also d/b/a Performance Sailing Yachts, Debtor. AMERICAN NATIONAL BANK OF SOUTH CHICAGO HEIGHTS, a National Banking Association, individually and as Agent, Plaintiff-Appellant, v. FLEET HEADQUARTERS, INC., also d/b/a Performance Sailing Yachts, Defendant-Appellee. In re George K. DURAND and Joyce D. Durand, Debtors. AMERICAN NATIONAL BANK OF SOUTH CHICAGO HEIGHTS, a National Banking Association, individually and as Agent, Plaintiff-Appellant, v. George K. DURAND and Joyce D. Durand, Defendants-Appellees.

United States District Court, N.D. Illinois, E.D.

July 19, 1982.

Attorney(s) appearing for the Case

Charles W. Siragusa, Crowley Barrett & Karaba, Chicago, Ill., for American Nat. Bank of South Chicago Heights.

James L. Nachman, Nachman Munitz & Sweig, Ltd., Chicago, Ill., for George K. Durand and Joyce D. Durand and Fleet Headquarters, Inc.

Memorandum

LEIGHTON, Senior District Judge.

American National Bank (ANB) appeals from an order of the Bankruptcy Court entered on May 4, 1982, which denied its motion requesting a trial on its adversary complaint within 30 days of the preliminary hearing. In its adversary action, ANB seeks to have the automatic stay provided for in 11 U.S.C. § 362(a) vacated so that it can move to liquidate property which was pledged as collateral by defendants. ANB...

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