IN RE BLACK ENTERPRISES, INC.

Bankruptcy Nos. 82-0017, 82-0018.

39 B.R. 253 (1982)

In re BLACK ENTERPRISES, INC., Debtor. GUAM ECONOMIC DEVELOPMENT AUTHORITY, Plaintiff, v. BLACK ENTERPRISES, INC., Defendant. In re Lydia F. BLACK, Debtor. GUAM ECONOMIC DEVELOPMENT AUTHORITY, Plaintiff, v. Lydia F. BLACK, Defendant.

United States Bankruptcy Court, D. Guam.

October 26, 1982.


Attorney(s) appearing for the Case

Russell H. Tansey, Agana, Guam, for debtor-defendant, Lydia Black.

John Moore, Agana, Guam, for debtor-defendant, Black Enterprises.

Norman Ashton, Agana, Guam, for plaintiff.


JON J. CHINEN, Bankruptcy Judge.

On June 18, 1982, Lydia F. Black ("Mrs. Black") filed a chapter 11 petition under the Bankruptcy Code. Then, on June 21, 1982, Black Enterprises, Inc. ("Black Enterprises") filed a chapter 11 petition, also under the Bankruptcy Code.

On July 23, 1982, Guam Economic Development Authority ("GEDA"), an alleged secured creditor of both Black Enterprises and Mrs. Black, filed a complaint to lift the automatic stay as against Black...

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