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IN RE AMBASSADOR TRAVEL, INC.

Bankruptcy No. 89-00177-BKC-SMW.

98 B.R. 1018 (1989)

In re AMBASSADOR TRAVEL, INC., a Florida corporation, Debtor.

United States Bankruptcy Court, S.D. Florida.

April 18, 1989.

Attorney(s) appearing for the Case

Marte V. Singerman, Miami, Fla., for debtor.

Harold D. Moorefield, Stearns, Weaver, Weissler, Alhadeff and Sitterson, P.A., Miami, Fla., for Airline Reporting Corp.

Joel Tabas, Miami, Fla., for Ocean Bank.

Peter Levitt, Steel, Hector and Davis, Miami, Fla., for Federated Dept. Stores.

FINDINGS OF FACT AND CONCLUSIONS OF LAW AS TO ARC'S MOTION FOR STAY RELIEF

SIDNEY M. WEAVER, Bankruptcy Judge.

THIS CAUSE came on for hearing on March 9, 1989, upon the Airline Reporting Corporation's (hereafter "ARC") Motion for Relief From Stay or, Alternatively, for Adequate Protection. On February 6, 1989, ARC filed virtually identical stay relief motions in the administratively consolidated bankruptcy cases of AMBASSADOR TRAVEL, INC., a Florida corporation...

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