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MATTER OF FRG, INC.

Bankruptcy Nos. 89-12766S, 89-12768S, Civ. A. No. 89-8377.

114 B.R. 75 (1990)

In the Matter of FRG, INC. FRP Limited Partnership a/k/a Franklin Realty Partners.

United States District Court, E.D. Pennsylvania.

April 27, 1990.

Attorney(s) appearing for the Case

Mary Walrath, Philadelphia, for appellant.

Joseph A. Vogel, New York, for debtors.

Joseph Riga, Philadelphia, for appellee (LHC Corp.).

Nicholas LePore, III, Philadelphia, for Official Unsecured Creditors Comm.

Max Lieberman, Philadelphia, for appellee (FRP).

James J. O'Connell, Asst. U.S. Trustee.

MEMORANDUM

WALDMAN, District Judge.

This is an appeal from an order of the United States Bankruptcy Court for the Eastern District of Pennsylvania, which denied appellant Bruce Manley ("Manley") relief from the automatic stay provisions of the Bankruptcy Code. Manley seeks relief from the stay in order to litigate, in state court, whether he holds a security interest in appellee FRG, Inc.'s account with Fidelity Bank. For the reasons that follow, the bankruptcy...

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