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IN RE LAGUNA ASSOCIATES LTD. PARTNERSHIP

No. 93-1573.

30 F.3d 734 (1994)

In re LAGUNA ASSOCIATES LIMITED PARTNERSHIP, Debtor. LAGUNA ASSOCIATES LIMITED PARTNERSHIP, Plaintiff-Appellant, v. AETNA CASUALTY & SURETY COMPANY, Defendant-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided July 27, 1994.

As Amended on Denial of Rehearing and Suggestion for Rehearing September 9, 1994.

Attorney(s) appearing for the Case

Sheldon S. Toll (argued and briefed), Honigman, Miller, Schwartz & Cohn, Detroit, MI, for plaintiff-appellant.

Stuart Hertzberg, Vicki R. Harding (argued and briefed), Pepper, Hamilton & Scheetz, Detroit, MI, for defendant-appellee.

Before: MARTIN, NORRIS, and DAUGHTREY, Circuit Judges.

As Amended on Denial of Rehearing and Suggestion for Rehearing En Banc September 9, 1994.

BOYCE F. MARTIN, JR., Circuit Judge.

Concluding that Laguna Associates Limited Partnership filed its bankruptcy petition in bad faith, both the bankruptcy court and district court found that Aetna Casualty and Surety Company was entitled to relief under 11 U.S.C. § 362(d)(1) from the automatic stay. For the following reasons, we affirm.

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