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IN RE VILLAGE IMPORT ENTERPRISES, INC.

Bankruptcy No. 1-89-03914.

126 B.R. 307 (1991)

In re VILLAGE IMPORT ENTERPRISES, INC., d/b/a VIP Mitsubishi, Debtor.

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

March 22, 1991.

Attorney(s) appearing for the Case

Richard Korsakov, Cohen & Korsakov, Chattanooga, Tenn., for Textron Financial Corp.

Scott N. Brown, Jr., Brown, Dobson, Burnette, & Kesler, Chattanooga, Tenn., Trustee.

Arthur C. Grisham, Jr., Grisham & Knight, Chattanooga, Tenn., for Chrysler Credit Corp.

MEMORANDUM

RALPH H. KELLEY, Chief Judge.

Textron Financial Corporation leased business equipment to the debtor, Village Import Enterprises. The debtor has made adequate protection payments to Textron so that it could keep and use the equipment. But now the debtor has ceased operating, a bankruptcy trustee has been appointed, and no one is making the adequate protection payments. Textron has filed a motion asking the court to lift the automatic stay of Bankruptcy...

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