IN RE NASHUA TRUST CO.

Bankruptcy No. 86-05645.

73 B.R. 423 (1987)

In re NASHUA TRUST COMPANY, Debtor. In re NATCO FINANCE COMPANY, Debtor.

United States Bankruptcy Court, D. New Jersey.

April 29, 1987.


Attorney(s) appearing for the Case

Crummy, Del Deo, Dolan, Griffinger & Vecchione by Paul R. DeFilippo, Newark, N.J., for trustee.

Hebb & Gitlin by Evan D. Flaschen and David G. Hetzel, Hartford, Conn., for Barclay's American/Business Credit Inc.

Lehman & Wasserman by Robert B. Wasserman, Millburn, N.J., for Official Ltd. Partners' Committee.

Ravin, Sarasohn, Cook, Baumgarten, Fisch & Baime by Sharon L. Levine, Roseland, N.J., for Official Unsecured Creditors' Committee.


OPINION

ROSEMARY GAMBARDELLA, Bankruptcy Judge.

Before the court is a Notice of Motion filed by Barclay's American/Business Credit Inc. (Barclays) for relief from the automatic stay to enforce its rights and remedies with respect to certain negotiable promissory notes (Investor Notes) issued by various limited partners in connection with their investment in various limited partnerships and subsequently pledged to Barclays as security for the indebtedness...

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