IN RE SUN VALLEY RANCHES, INC.

Nos. 86-4222, 86-4319.

823 F.2d 1373 (1987)

In re SUN VALLEY RANCHES, INC., Debtor. SUN VALLEY RANCHES, INC., Petitioner-Appellant, v. The EQUITABLE LIFE ASSURANCE SOCIETY OF the UNITED STATES, Respondent-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided August 5, 1987.


Attorney(s) appearing for the Case

C. Tom Arkoosh, Boise, Idaho, for petitioner-appellant.

Dale G. Higer, Boise, Idaho, for respondent-appellee.

Before FARRIS, ALARCON and WIGGINS, Circuit Judges.


FARRIS, Circuit Judge:

Equitable Life Assurance held a first mortgage interest in property owned by Sun Valley Ranches, Inc. Sun Valley has sought to reorganize under Chapter 11 of the bankruptcy code. Sun Valley appeals from two orders of the district court in the bankruptcy action. One order lifted the automatic stay in bankruptcy, permitting Equitable Life Assurance to go ahead with foreclosure and sale of Sun Valley's property. The second order denied Sun Valley...

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