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IN RE PALM BEACH HEIGHTS DEVELOPMENT & SALES CORP.

Bankruptcy No. 85-00520-BKC-AJC.

52 B.R. 181 (1985)

In re PALM BEACH HEIGHTS DEVELOPMENT & SALES CORP., Debtor.

United States Bankruptcy Court, S.D. Florida.

July 25, 1985.

Attorney(s) appearing for the Case

Samuel L. Heller, P.A., Fort Lauderdale, Fla., Daniel H. James, James and Young, West Palm Beach, Fla., Willard C. Wheeler, Jupiter, Fla., for Movants-Trust Beneficiaries.

Thomas A. Bell, Tallahassee, Fla., for Florida Division Land Sales, etc.

Noreen Dreyer, Stuart, Fla., for Martin County.

Lawrence M. Schantz, Britton, Cohen, Cassel, Kaufman & Schantz, P.A., Miami, Fla., for debtor.

ORDER GRANTING STAY RELIEF AND DENYING TRANSFER OF FUNDS

A. JAY CRISTOL, Bankruptcy Judge.

This cause came on to be heard upon the motion of Orville R. Cester, et als. and the State of Florida for stay relief and the motion of Palm Beach Heights Development & Sales Corp. and affiliated companies, (hereinafter referred to as "debtor"), to transfer funds. The court held evidentiary hearings on May 9, May 23, and June 12, 1985. After having taken evidence...

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