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MATTER OF 1025 ASSOCIATES, INC.

Bankruptcy No. 89-325, Motion No. 89-111.

106 B.R. 805 (1989)

In the Matter of 1025 ASSOCIATES, INC., Debtor. WILMINGTON SAVINGS FUND SOCIETY, Plaintiff, v. 1025 ASSOCIATES, INC., Defendant.

United States Bankruptcy Court, D. Delaware.

November 14, 1989.

Attorney(s) appearing for the Case

Randall E. Robbins, Jeffrey S. Welch, Wilmington, Del., for plaintiff.

Thomas D. Runnels, Newark, Del., for debtor.

MEMORANDUM OPINION AND ORDER

HELEN S. BALICK, Bankruptcy Judge.

Wilmington Savings Fund Society (WSFS) has moved for relief from the automatic stay under 11 U.S.C. § 362(d) to continue its foreclosure action in Delaware Superior Court against debtor's real property and principal asset.

Background

Debtor 1025 Associates, Inc. (1025), t/a Reagan's Tavern, operates a neighborhood bar and...

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