IN RE OLIVE STREET INVESTMENTS, INC.

No. 89-1582C(1).

106 B.R. 183 (1989)

In re OLIVE STREET INVESTMENTS, INC.

United States District Court, E.D. Missouri, E.D.

October 10, 1989.


Attorney(s) appearing for the Case

Richard Wunderlich, Lewis & Rice, St. Louis, Mo., for Olive Street Investments, Inc.

Steven Cousins, Armstrong, Teasdale, Schlafly, Davis & Dicus, St. Louis, Mo., for Howard Sav. Bank.


MEMORANDUM

NANGLE, Chief Judge.

Debtor Olive Street Investments, Inc., filed this appeal from the bankruptcy court's order granting Howard Saving Bank's ("Howard") motion for relief from the automatic stay.

Howard held a promissory note for $26,500,000 executed by debtor, which was secured by a deed of trust and security agreement. A parcel of debtor's real property, known as the Syndicate Trust Building, was placed as collateral for the note. In...

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