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IN RE LITTLE CREEK DEVELOPMENT CO.

Bankruptcy No. 485-40773.

54 B.R. 510 (1985)

In re LITTLE CREEK DEVELOPMENT COMPANY, Debtor.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

October 31, 1985.

Attorney(s) appearing for the Case

Larry M. Lesh, Locke, Purnell, Boren, Laney & Neely, Dallas, Tex., for movant Com. Mortgage Corp.

John T. Lynch, IV and David L. Whaley, Adams, Meyer, Addison & Associates, Hurst, Tex., for debtor.

MEMORANDUM OPINION REGARDING MOTION TO LIFT STAY OF COMMONWEALTH MORTGAGE COMPANY

MICHAEL A. McCONNELL, Bankruptcy Judge.

On June 4, 1985, LITTLE CREEK DEVELOPMENT COMPANY ("the Debtor" or "Little Creek") filed its voluntary petition in this Court seeking relief under Chapter 11 of the Bankruptcy Code. Its primary secured creditor, COMMONWEALTH MORTGAGE CORPORATION ("Commonwealth") promptly filed a motion seeking relief from the automatic stay and a hearing...

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