IN RE BRENTON'S COVE DEVELOPMENT CO.

Bankruptcy No. 8400470.

62 B.R. 431 (1986)

In re BRENTON'S COVE DEVELOPMENT COMPANY, Debtor.

United States Bankruptcy Court, D. Rhode Island.

June 18, 1986.


Attorney(s) appearing for the Case

Edward J. Bertozzi, Jr. and John D. Deacon, Edwards & Angell, Providence, R.I., for Bank of New York.

Allen P. Rubine and Moss Patashnik, Winograd, Shine & Zacks, P.C., Providence, R.I., for Russell L. Hoyt.


CONDITIONAL ORDER GRANTING RELIEF FROM STAY

ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.

Heard on April 17, 1986, on Russell Hoyt's objection to the motion of the Bank of New York (the Bank) for relief from the automatic stay. The Bank seeks an order authorizing turnover of approximately $1,150,000 being held in escrow as proceeds of the Bank's collateral, which was sold pursuant to Court order, after it became apparent that there was no reasonable likelihood...

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