SANDRA COTTON, INC. v. BANK OF NEW YORK

No. CIV-85-1322E.

87 B.R. 272 (1988)

SANDRA COTTON, INC., Appellant, v. BANK OF NEW YORK, Appellee.

United States District Court, W.D. New York.

June 22, 1988.


Attorney(s) appearing for the Case

Jack L. Getman, David R. Knoll, Buffalo, N.Y., for appellant.

Marvin R. Baum, Buffalo, N.Y., for appellee.


MEMORANDUM AND ORDER

ELFVIN, District Judge.

This is an appeal from an Order of the Bankruptcy Court lifting the automatic bankruptcy stay on certain of the real properties of the debtor Sandra Cotton Inc. The stay was lifted upon a motion by the Bank of New York which held a mortgage on the properties. The Bankruptcy Court found that the debtor had no equity in the collateral. A request for a stay pending the appeal was denied by this Court August 14, 1986...

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