IN RE KNIGHTSBRIDGE DEVELOPMENT CO. INC.

No. 88-2942.

884 F.2d 145 (1989)

In re KNIGHTSBRIDGE DEVELOPMENT CO. INC., Debtor. SAVERS FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff-Appellant, H. Jason Gold, Trustee-Appellant, v. McCARTHY CONSTRUCTION COMPANY, Defendant-Appellee.

United States Court of Appeals, Fourth Circuit.

Decided September 1, 1989.


Attorney(s) appearing for the Case

Benjamin C. Ackerly, Sr. (Tyler P. Brown, Jeffrey L. Tarkenton, Hunton & Williams, Richmond, Va., Bennett A. Brown, Gilliam, Sanders & Brown, Fairfax, Va., on brief), for appellants.

Lisa N. Speers (Laurence Schor, Schnader, Harrison, Segal & Lewis, Washington, D.C., on brief), for defendant-appellee.

Before ERVIN, Chief Judge, CHAPMAN, Circuit Judge, and KAUFMAN, Senior District Judge for the District of Maryland, sitting by designation.


ERVIN, Chief Judge:

Savers Federal Savings and Loan Association, a creditor of the bankrupt Knightsbridge Development Company, Inc., commenced this adversary action in bankruptcy for a declaratory judgment that two acts beneficial to another creditor, McCarthy Construction Company, were void under the automatic stay. The bankruptcy court granted summary judgment in favor of McCarthy, and the district court affirmed. We conclude that one of the challenged acts, an...

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