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IN RE ROXRUN ESTATES, INC.

Bankruptcy No. 86 B 12326 (TLB).

74 B.R. 997 (1987)

In re ROXRUN ESTATES, INC., Debtor.

United States Bankruptcy Court, S.D. New York.

July 1, 1987.

Attorney(s) appearing for the Case

Jordan & Walster, Roxbury, N.Y., by Herbert Jordan, for RR Village Ass'n, Inc.

Frank Taddeo, Jr., New York City, special counsel to the trustee.

Mark Lewis Brecker, New York City, for LGP Gem Ltd.

DECISION AND ORDER ON MOTION FOR RELIEF FROM AUTOMATIC STAY

TINA L. BROZMAN, Bankruptcy Judge.

A townhouse village association which holds a prepetition judgment of foreclosure and sale against unimproved land which is property of the chapter 7 estate asks us to lift the automatic stay of section 362 of the Bankruptcy Code to allow enforcement of the judgment. The trustee opposes this relief and asks us, instead, to continue the automatic stay in effect...

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