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IN RE PINE TRACE CORP.

Bankruptcy No. 88-27-8P1.

87 B.R. 695 (1988)

In re PINE TRACE CORPORATION, Debtor.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

June 14, 1988.

Attorney(s) appearing for the Case

Randall Tayler, Sarasota, Fla., for Pine Trace Development Corp.

Harley Riedel, Tampa, Fla., for movant.

ORDER ON MOTION FOR RELIEF FROM STAY OR ADEQUATE PROTECTION

ALEXANDER L. PASKAY, Chief Judge.

THIS CAUSE came on for hearing upon a Motion for Relief from the Automatic Stay or Adequate Protection filed by Royal Palm Savings Association (Royal Palm). Royal Palm seeks relief from the automatic stay under both § 362(d)(1) and § 362(d)(2) of the Bankruptcy Code in order to foreclose a mortgage on real property owned by the Debtor. The Court has considered...

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