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IN RE MAIER

Bankruptcy No. 91-20391.

127 B.R. 325 (1991)

In re George K. & Margaret MAIER, Debtors.

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

May 21, 1991.

Attorney(s) appearing for the Case

Sidney K. Schoenwalk, Rochester, N.Y., for Gary Craft.

Paul M. Aloi, Rochester, N.Y., for debtors.

MEMORANDUM AND DECISION

EDWARD D. HAYES, Bankruptcy Judge.

This matter is before the Court on the Motion of Gary Craft requesting relief from the automatic stay to pursue a State Court action for specific performance of an option to purchase real property.

In 1984, George Maier, the Debtor, leased his 95 acre farm to Gary Craft for a one year term with annual options to renew. The renewal options could be exercised a total of six times. Thus, the...

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