IN RE SUN VALLEY RANCHES, INC.

Bankruptcy No. 83-00854.

43 B.R. 641 (1984)

In re SUN VALLEY RANCHES, INC., Debtor in Possession.

United States Bankruptcy Court, D. Idaho.

October 24, 1984.


Attorney(s) appearing for the Case

Steven A. Adamson and Henry McQuade, Adamson, Young & McQuade, Nampa, Idaho, for debtor.

Dale G. Higer, Eberle, Berlin, Kading, Turnbow & Gillespie, Chartered, Boise, Idaho, for The Equitable Life Assurance Society of the United States.


MEMORANDUM DECISION AND ORDER

MIKEL H. WILLIAMS, United States Magistrate.

Equitable Life Assurance Society (Equitable Life) requests modification of the automatic stay provided by 11 U.S.C. § 362. Equitable seeks to begin a judicial foreclosure of its mortgage which encumbers real property owned by the chapter 11 debtor, Sun Valley Ranches, Inc. (SVR). SVR argues that Equitable Life is precluded from bringing...

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