IN RE CAMELLIA COURT APARTMENTS, LTD.

Bankruptcy No. 2-90-00392.

117 B.R. 316 (1990)

In re CAMELLIA COURT APARTMENTS, LTD., Debtor.

United States Bankruptcy Court, S.D. Ohio, E.D.

April 13, 1990.


Attorney(s) appearing for the Case

Kenneth R. Cookson, J. Roger Davis, Carlile Patchen Murphy & Allison, Columbus, Ohio, for Debtor.

Ronald N. Towne, Linda S. Guran, Akron, Ohio, for Creditor Shawmut Bank N.A. and Shawmut National Trust Co., Trustees of American Pioneer Commercial Loan Remic Trust 1988-1.

Jay Alix, Southfield, Mich., Trustee for Cardinal Industries, Inc. and Cardinal Industries of Florida, Inc.

Charles M. Caldwell, Columbus, Ohio, Office of the U.S. Trustee.


OPINION AND ORDER ON MOTION FOR RELIEF FROM STAY

BARBARA J. SELLERS, Bankruptcy Judge.

This matter is before the Court upon the motion filed by Shawmut Bank, N.A. and Shawmut National Trust Company, Trustees of American Pioneer Commercial Loan Remic Trust 1988-1 (the "Movant"), for relief from the automatic stay. The debtor, Camellia Court Apartments, Ltd. (the "Debtor"), filed a memorandum contra to the motion. The matter was heard March 15, 1990, following...

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