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IN RE REICE

Bankruptcy No. 86-03236T.

88 B.R. 676 (1988)

In re John T. REICE, t/a Serve Yourself Laundromat, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

July 1, 1988.

Attorney(s) appearing for the Case

Bruce Robert Kay, Philadelphia, Pa., for debtor.

Frank M. D'Amorei, Philadelphia, Pa., for movant.

Frederick L. Reigle, Reading, Pa., Trustee.

MEMORANDUM OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Laundromat equipment leased by John T. Reice ("debtor") is the subject of the instant motion for relief from the automatic stay filed by Landmark Leasing, Inc., ("movant"). We deny relief under 11 U.S.C. § 362(d)(2) because movant has failed to prove that this property is not necessary for an effective reorganization. Section 362(d)(1) provides no basis...

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