MATTER OF DARLING'S HOMES, INC.

Bankruptcy No. 83-385, Adv. No. M-83-25.

46 B.R. 370 (1985)

In the Matter of DARLING'S HOMES, INC., Debtor. GENERAL ELECTRIC CREDIT CORPORATION, a New York corporation, Movant, v. Jonathan GAYL, Trustee.

United States Bankruptcy Court, D. Delaware.

February 13, 1985.


Attorney(s) appearing for the Case

I. Barry Guerke, Dover, Del., for GECC.

James F. Waehler, J. Robert Hitchens, Georgetown, Del., for The Sussex Trust Co., The Farmers Bank of Willards, Rozena Adamson, Dorcilla C. Hammond and Wayne Taylor.

Marc Abrams, Wilmington, Del., for trustee.

James B. Tyler, III, Georgetown, Del., for Douglas R. Simpson, Jr.

Gerald I. Street, Dover, Del., for debtor.


MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Debtor, Darling's Homes, Inc., was in the business of selling mobile homes on the retail level. General Electric Credit Corporation (GECC), Debtor's floor-plan inventory financer, filed a motion for relief from the automatic stay to proceed against its collateral—four mobile homes that were on Debtor's lot when it filed a Chapter 7 petition on October 28, 1983. The proceeding evolved...

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