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IN RE MONICA ROAD ASSOCIATES

Bankruptcy No. 92-13700-AB, Contested Matter No. 92-1438-AB.

147 B.R. 385 (1992)

In re MONICA ROAD ASSOCIATES, Debtor. FIRST AMERICAN BANK OF VIRGINIA, Plaintiff, v. MONICA ROAD ASSOCIATES, Defendant.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

November 17, 1992.

Attorney(s) appearing for the Case

Stephanie Wickouski, Reed Smith Shaw & McClay, Richard E. Lear, Hazel & Thomas, Washington, D.C., Sp. Counsel, for debtor.

Brian F. Kenney, Miles & Stockbridge, Fairfax, Va., for First American Bank.

MEMORANDUM OPINION

MARTIN V.B. BOSTETTER, Jr., Chief Judge.

This matter is before the Court upon the motion of First American Bank of Virginia (the "Bank") seeking relief from the automatic stay pursuant to Section 362(d)(2) of the Bankruptcy Code. 11 U.S.C. § 362(d)(2). For the reasons stated herein, we hold that the Bank is entitled to relief from stay.

On October 31, 1988, Monica Road Associates, a single-asset Virginia general partnership...

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