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IN RE PALMER RIVER REALTY, INC.

Bankruptcy Nos. 8200283, 8200284 and 8200998, Adv. No. 820291.

26 B.R. 138 (1983)

In re PALMER RIVER REALTY, INC., Sun Valley Country Club, Inc., Sun Valley Restaurant, Inc., Debtors. Antonio ASQUINO, Joseph Asquino, Plaintiffs, v. PALMER RIVER REALTY, INC., Sun Valley Country Club, Inc., Sun Valley Restaurant, Inc., Defendants.

United States Bankruptcy Court, D. Rhode Island.

January 7, 1983.

Attorney(s) appearing for the Case

Keven A. McKenna, Cheryl Asquino, McKenna, Greenwood & Feinstein, Providence, R.I., for plaintiffs.

Alden C. Harrington, Boyajian, Coleman & Harrington, Providence, R.I., for defendants.

DECISION DENYING PLAINTIFFS' COMPLAINT FOR RELIEF FROM STAY, AND DENYING PLAINTIFFS' MOTION TO DISMISS OR CONVERT CHAPTER 11 PETITION

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on the Plaintiffs' Complaint for relief from the automatic stay against foreclosure of the Debtors' real estate, and on the Plaintiffs' Motion to dismiss the Chapter 11 petition or to convert the case to one under Chapter 7.

The...

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