IN RE WATERKIST CORP.

No. 84-4327.

775 F.2d 1089 (1985)

In re WATERKIST CORPORATION, Debtor. CITY OF VALDEZ, ALASKA, Appellant, v. WATERKIST CORPORATION, Appellee.

United States Court of Appeals, Ninth Circuit.

Decided November 6, 1985.


Attorney(s) appearing for the Case

Karr, Tuttle, Koch, Campbell, Mawer & Morrow, Craig L. Jones, Seattle, Wash., for appellant.

Jacobson & Snodgrass, Martin E. Snodgrass, Bellevue, Wash., for appellee.

Before WALLACE, FARRIS, and HALL, Circuit Judges.


CYNTHIA HOLCOMB HALL, Circuit Judge.

Appellant City of Valdez, Alaska (the "City") challenges the decision of the district court denying the City relief from automatic stay in bankruptcy and finding that appellee Waterkist Corporation ("Waterkist") could assume the lease of a commercial fish processing plant as a bankruptcy debtor-in-possession. We affirm.

BACKGROUND

Waterkist leased a warehouse from the City in order to operate a commercial fish...

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