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IN RE TRIPLE R HOLDINGS, L.P.

Bankruptcy No. 91-5-4118-MM, R.S. No. 911027.

134 B.R. 382 (1991)

In re TRIPLE R HOLDINGS, L.P., Debtor.

United States Bankruptcy Court, N.D. California.

December 10, 1991.

Attorney(s) appearing for the Case

Seymour J. Abrahams, San Jose, Cal., for debtor.

Robert M. Lichtman, San Francisco, Cal., for secured creditor and moving party.

OPINION

MARILYN MORGAN, Bankruptcy Judge.

I. Introduction

Before the court is the motion of First Republic Thrift & Loan of San Diego, a secured creditor, seeking relief from the automatic stay to foreclose on the debtor's principal asset, a condominium unit in San Francisco, California. First Republic is undersecured and asserts that any plan proposed by the debtor, Triple R Holdings, L.P., would violate the absolute priority rule. The court...

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