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IN RE FIRST BARNSTABLE CORP.

Bankruptcy No. 89-12653-JNG.

108 B.R. 372 (1989)

In re FIRST BARNSTABLE CORPORATION, Debtor.

United States Bankruptcy Court, D. Massachusetts.

November 9, 1989.

Attorney(s) appearing for the Case

Peter Haley, Gordon & Wise, Boston, Mass., for debtor.

Steven Weiss, Cooley, Shrain, Alpert, Labovitz & Danbrov, P.C., Springfield, Mass., for movant.

MEMORANDUM

JAMES N. GABRIEL, Chief Judge.

I. INTRODUCTION

The matter before the Court is the amended motion of Berkshire County Savings Bank ("Bank") for relief from the automatic stay imposed by § 362 of the Bankruptcy Code. The Bank seeks relief from stay pursuant to §§ 362(d)(1) and 362(d)(2) of the Code so that it may proceed to foreclose on its mortgage and security interests in the Debtor's property — the Park Beach Ocean...

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