MATTER OF LIPPLY

Bankruptcy No. 83-30984.

56 B.R. 524 (1986)

In the Matter of Maurice Dean LIPPLY, Janet Elaine Lipply, Debtors.

United States Bankruptcy Court, N.D. Indiana, South Bend Division.

January 2, 1986.


Attorney(s) appearing for the Case

David A. Rosenthal, Lafayette, Ind., for debtors.

Robert E. Grant, Fort Wayne, Ind., for movant.


ORDER

ROBERT K. RODIBAUGH, Chief Judge.

The Federal Land Bank of Louisville has applied for relief from the automatic stay or for adequate protection of its contractual rights. The Lipplys contend that the bank is adequately protected by a significant equity cushion and that `cause' for relief from stay is not present. The parties have submitted the matter to the court on briefs and stipulated facts; it was taken under advisement November 22, 1985.

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