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IN RE IONOSPHERE CLUBS, INC.

Bankruptcy Nos. 89 B 10448, 89 B 10449.

105 B.R. 761 (1989)

In re IONOSPHERE CLUBS, INC. and Eastern Air Lines, Inc., Debtors. AIR LINE PILOTS ASSOCIATION, INTERNATIONAL, Movant, v. EASTERN AIR LINES, INC., Respondent.

United States Bankruptcy Court, S.D. New York.

August 2, 1989.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, by Bruce R. Zirinsky, of counsel.

Akin, Gump, Strauss, Hauer, & Feld by David Callet, of counsel.

Kramer, Levin, Nessen, Kamin & Frankel by Kenneth Eckstein and Adam Harris, of counsel, New York City, for Official Creditors' Committee.

Cohen Weiss and Simon by James L. Linsey, Russell Hollander and Richard Seltzer, of counsel, New York City, for Airline Pilots Ass'n.

MEMORANDUM DECISION ON MOTION OF AIR LINES PILOTS ASSOCIATION, INTERNATIONAL FOR RELIEF FROM THE AUTOMATIC STAY

BURTON R. LIFLAND, Chief Judge.

RELIEF REQUESTED

The Air Line Pilots Association International ("ALPA") requests the entry of an order pursuant to 11 U.S.C. § 362(d) lifting the automatic stay to allow the Eastern Air Lines, Inc./ALPA System Board of Adjustment to complete its arbitration proceedings in Eastern/ALPA Case No. 4-86 and...

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