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IN RE LOONEY

No. 86-2660.

823 F.2d 788 (1987)

In re Eddie D. LOONEY, Judy Looney, Debtors. GRUNDY NATIONAL BANK, Plaintiff-Appellant, v. Eddie D. LOONEY, Judy Looney, Jo S. Widener, Trustee, Defendants-Appellees. Virginia Bankers Association, Dominion Bank, National Association, Amicus Curiae.

United States Court of Appeals, Fourth Circuit.

Decided July 14, 1987.

Attorney(s) appearing for the Case

Michael Leon Shortridge, Norton, Va., for appellant.

Robert Tayloe Copeland (E. Gay Leonard, Copeland, Molinary & Bieger, Abingdon, Va., on brief), for appellees.

(John W. Edmonds, III, Fred W. Palmore, III, Mays & Valentine, Richmond, Va., on brief), for amicus curiae Virginia Bankers Ass'n; (David A. Farnham, Baltimore, Md., on brief), for amicus curiae.

Before RUSSELL, ERVIN, and CHAPMAN, Circuit Judges.

ERVIN, Circuit Judge:

This is an appeal from an interlocutory order, entered July 22, 1986, by the United States Bankruptcy Court for the Western District of Virginia. Appellant, Grundy National Bank ("Grundy"), filed a motion1 pursuant to 11 U.S.C. § 362(d) (1982) for relief from the automatic stay of 11 U.S.C. § 362(a) (1982). The stay protected the assets of the appellees ("the Looneys...

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