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IN RE NORTHGATE TERRACE APARTMENTS, LTD.

Bankruptcy No. 2-90-00217, EIN: 59-2373860.

126 B.R. 520 (1991)

In re NORTHGATE TERRACE APARTMENTS, LTD., Debtor.

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

January 30, 1991.

Attorney(s) appearing for the Case

Drew T. Parobek, Vorys, Sater, Seymour and Pease, Columbus, Ohio, for Goldome Realty Credit Corp.

Thomas I. Blackburn, Denmead, Blackburn & Willard, Columbus, Ohio, for debtor.

Jay Alix, Jay Alix & Associates, Southfield, Mich., Chapter 11 trustee.

Michael L. Cook, Sally M. Henry, Skadden, Arps, Slate, Meagher & Flom, New York City, for trustee.

Marilyn Shea-Stonum, Jones, Day, Reavis & Pogue, Columbus, Ohio, for trustee Columbus Const., Inc.

Charles M. Caldwell, Asst. U.S. Trustee, Columbus, Ohio, Columbus Office of the U.S. Trustee for Region IX.

OPINION AND ORDER ON MOTION FOR RELIEF FROM STAY

BARBARA J. SELLERS, Bankruptcy Judge.

I. Procedural Background and Jurisdictional Statement

This matter is before the Court upon the renewed motion of Goldome Realty Credit Corporation ("Goldome"), seeking relief from the automatic stay imposed by 11 U.S.C. § 362(a). The motion was opposed by the debtor, Northgate Terrace Apartments, Ltd. ("Northgate"). The Court denied an earlier similar...

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