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IN RE BEACON LIGHT MARINA YACHT CLUB, INC.

Motion No. 5, Bankruptcy No. 7-90-00231.

125 B.R. 154 (1990)

In re BEACON LIGHT MARINA YACHT CLUB, INC., Debtor. FIRST COMMUNITY BANK, Movant, v. BEACON LIGHT MARINA YACHT CLUB, INC., and George A. McLean, Jr., Trustee, Respondents.

United States Bankruptcy Court, W.D. Virginia, Roanoke Division.

December 6, 1990.

Attorney(s) appearing for the Case

George A. McLean, Jr., Roanoke, Va., Trustee.

R. Neal Keesee, Jr., Roanoke, Va., for First Community Bank.

Roy V. Creasy, Roanoke, Va., for intervenors.

Jeffrey A. Fleischhauer, Roanoke, Va., for debtor.

MEMORANDUM OPINION

ROSS W. KRUMM, Bankruptcy Judge.

The issue before the court is a motion for relief from stay under 11 U.S.C. § 362 by First Community Bank to permit it to liquidate its asserted secured interest in a Three Bouys Sunseeker boat and to collect the remainder of the proceeds from the sale of a second Three Bouys boat being held by the trustee pending order of this court. The motion is opposed by intervenors John and Mary Matheson and...

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