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IN RE LADY LIBERTY TAVERN CORP.

Bankruptcy No. 86-B-12429 (BRL), No. 87 Civ. 87-3632 (CSH).

94 B.R. 812 (1988)

In re LADY LIBERTY TAVERN CORP., Debtor. BEAVER STREET ASSOCIATES, Appellant, v. LADY LIBERTY TAVERN CORP., Appellee.

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

December 27, 1988.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, for appellant; Marvin E. Jacob, Mark Chinitz, Martin Minsky, of counsel.

Walter S. Jennings & Associates, P.C., New York City, for appellee; Walter S. Jennings, of counsel.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

This bankruptcy proceeding began when the Debtor, Lady Liberty Tavern, Corp. ("Lady Liberty"), filed a petition for reorganization under Chapter 11. A creditor, Beaver Street Associates ("BSA"), appeals from an order of the bankruptcy court (Lifland, J.) denying BSA's motion for a determination that the automatic stay under 11 U.S.C. § 362 either was inapplicable, or should be vacated, with respect...

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