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MATTER OF COMCOACH CORP.

Bankruptcy No. 81 B 12084, Adv. No. 82-5023A.

19 B.R. 231 (1982)

In the Matter of COMCOACH CORPORATION, Debtor. The ROSLYN SAVINGS BANK, Plaintiff, v. COMCOACH CORPORATION, Defendant.

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

March 16, 1982.

Attorney(s) appearing for the Case

Anderson & Rubin, New York City, for debtor; Leonard H. Rubin, New York City, of counsel.

Schutzman & Schutzman, Wantagh, N.Y., for Roslyn Savings Bank; Charles M. Schutzman, Wantagh, N.Y., of counsel.

BURTON R. LIFLAND, Bankruptcy Judge.

The Roslyn Savings Bank ("Bank"), the holder of a first mortgage on property in which Comcoach Corporation ("Comcoach"), a reorganization debtor in this court, maintains its essential business operations, requests relief from the automatic stay of 11 U.S.C. § 362 to add Comcoach as a party defendant to its previously commenced (pre-petition) state court foreclosure action and thereby effectively terminate Comcoach's tenancy...

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