IN RE GULPH WOODS CORP.

Bankruptcy No. 87-03093S.

84 B.R. 961 (1988)

In re GULPH WOODS CORPORATION, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

April 11, 1988.


Attorney(s) appearing for the Case

Pace Reich, Philadelphia, Pa., for debtor.

Leonard P. Goldberger, Philadelphia, Pa., Kenneth S. Goodkind, Woodbridge, N.J., for Nassau Sav. and Loan Assn.

Thomas D. Rees, Norristown, Pa., for Upper Merion Tp.

Edward Cohen, Philadelphia, Pa., for John S. Trinsey, Jr.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

On September 14, 1987, Nassau Savings and Loan Association (hereinafter referred to as "Nassau") filed an omnibus motion seeking, inter alia, relief from the automatic stay. Thereafter, on October 13, 1987, we entered a Consent Order embodying the substance of a telephone conference agreement between interested counsel that a hearing on the motion would be scheduled on October 19,...

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