IN RE REVCO D.S., INC.

Bankruptcy Nos. 588-1308 to 588-1321, 588-1305, 588-1761 to 588-1812 and 588-1820.

111 B.R. 626 (1989)

In re REVCO D.S., INC., et al., Debtors.

United States Bankruptcy Court, N.D. Ohio.

August 24, 1989.


Attorney(s) appearing for the Case

John Silas Hopkins, III, Thomas R. Lucchesi, Baker & Hostetler, Cleveland, Ohio, for debtors.

Richard A. Moses, Gen. Counsel, Town Development, Inc., Pittsburgh, Pa., for movant.

Stuart E. Hertzberg, Pepper, Hamilton & Scheetz, Detroit, Mich., for Trade Creditors' Committee.

Conrad Morgenstern, Cleveland, Ohio, U.S. Trustee.

Brad Eric Scheler, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Unsecured Noteholders' Committee.

Robert J. White, O'Melveny & Myers, Los Angeles, Cal., for Unofficial Committee of Secured Bank Lenders.

Richard Lieb, William J. Rochelle, Kronish, Lieb, Weiner & Hellman, New York City, for Unofficial Preferred Equity Committee.

Frederick M. Luper, Luper, Wolinetz, Sheriff & Niedenthal, Columbus, Ohio, for Odd Lot Trading, Inc. Creditors Committee.


FINDINGS OF FACT AND CONCLUSIONS OF LAW ON MOTION FOR RELIEF FROM STAY OF TOWN DEVELOPMENT, INC.

HAROLD F. WHITE, Bankruptcy Judge.

The "Motion for Relief from Stay" (Relief from Stay Docket (Docket) Y-1) filed by Town Development, Inc. (Movant) came before the Court for hearing on May 23, 1989. Due notice of said hearing was given. Present at the hearing were Richard A. Moses, counsel for Movant and Thomas R. Lucchesi counsel for Debtors (Revco). Counsel...

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