MATTER OF COASTAL NURSING CENTER, INC.

Bankruptcy Nos. 93-40898, 93-40899.

164 B.R. 788 (1993)

In the Matter of COASTAL NURSING CENTER, INC., Debtor. In the Matter of TYBEE ISLAND NURSING CENTER, INC., Debtor. FIRST AMERICAN BANK OF GEORGIA, Movant, v. COASTAL NURSING CENTER, INC., and Tybee Island Nursing Center, Inc., Respondents.

United States Bankruptcy Court, S.D. Georgia, Savannah Division.

August 25, 1993.


Attorney(s) appearing for the Case

Gary M. Wisenbaker, Savannah, GA, for debtors.

Kathleen Horne, Savannah, GA, for creditor/objector.


MEMORANDUM AND ORDER

LAMAR W. DAVIS, Jr., Chief Judge.

Debtors in the above-captioned case filed a Chapter 11 petition on June 1, 1993. Movant, First American Bank of Georgia ("First American Bank") filed an Emergency Motion for Relief from Stay alleging that Debtors' Chapter 11 filings were in bad faith and that, under applicable authorities, relief from the automatic stay should be granted to allow Movant to enforce its foreclosure rights granted...

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