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IN RE IOWA-MISSOURI REALTY CO., INC.

Bankruptcy Nos. 86-02438-SJ-11, 86-02437-SJ-11, Adv. No. 86-0414-1-SJ.

86 B.R. 617 (1988)

In re IOWA-MISSOURI REALTY CO., INC., Debtor. In re IOWA-MISSOURI WALNUT CO., INC., Debtor. IOWA-MISSOURI REALTY CO., INC., Plaintiff, v. UNITED STATES of America, SMALL BUSINESS ADMINISTRATION, Defendant.

United States Bankruptcy Court, W.D. Missouri.

May 16, 1988.

Attorney(s) appearing for the Case

Irvin C. Ness and Dennis M. Alt, Stinson, Mag & Fizell, Kansas City, Mo., for plaintiff.

F.O. Griffin, Jr., Asst. U.S. Atty., Kansas City, Mo., for defendant.

MEMORANDUM ORDER AVOIDING LIEN AND DENYING MOTION FOR TERMINATION OF AUTOMATIC STAY

KAREN M. SEE, Bankruptcy Judge.

This opinion decides 1) plaintiff's complaint which seeks to avoid, pursuant to 11 U.S.C. § 544(a)(3), a lien claimed by the Small Business Administration on real property; and 2) SBA's motion to terminate automatic stay. Plaintiff Iowa-Missouri Realty Co. (hereinafter Realty) is the wholly owned subsidiary of Iowa-Missouri...

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