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IN RE WILLS MOTORS, INC.

Bankruptcy No. 91 B 20690.

133 B.R. 297 (1991)

In re WILLS MOTORS, INC., Debtor.

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

October 22, 1991.

Attorney(s) appearing for the Case

William E. Bandon, P.C., White Plains, N.Y., (Pitney, Hardin, Kipp & Szuch, Morristown, N.J. of Counsel), for Volvo North America Corp.

Michael R. Gottlieb, Middletown, N.Y., for debtor.

Winick & Rich, P.C., New York City, for Barclays Bank of New York, N.A.

DECISION ON MOTION FOR RELIEF FROM STAY AND TO ENFORCE TERMINATION OF SALES AGREEMENT

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The debtor, Wills Motors, Inc., was franchised under a written sales agreement by Volvo North America Corporation ("Volvo") to sell and service Volvo automobiles. Volvo has moved pursuant to 11 U.S.C. § 362(d)(1) for relief from the automatic stay in order to permit it to enforce the termination of a sales agreement with the debtor...

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