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IN RE J.B.S. MANAGEMENT CORP.

Bankruptcy No. 893-83769-022.

165 B.R. 357 (1994)

In re J.B.S. MANAGEMENT CORP., Debtor. FEDERAL DEPOSIT INSURANCE CORP., Plaintiff, v. J.B.S. MANAGEMENT CORP., Defendant.

United States Bankruptcy Court, E.D. New York, at Westbury.

March 14, 1994.

Attorney(s) appearing for the Case

Nathanson, Devack & Memmoli by Nicholas P. Otis, Franklin Square, NY.

Stecker, Gutman, Morrissey & Murray by John M. Murray, New York City.

DECISION AND ORDER ON MOTION FOR RELIEF FROM AUTOMATIC STAY

EDWARD J. RYAN, Bankruptcy Judge.

DECISION AND ORDER

This matter came on for trial on January 6, 1994, on the motion of the Federal Deposit Insurance Corporation ("FDIC") for relief from the automatic stay of 11 U.S.C. § 362.

The property which was the subject of this motion is approximately 10 acres of unimproved waterfront land on Long Island.

11 U...

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