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IN RE LDN CORP.

Bankruptcy No. 95-41257.

191 B.R. 320 (1996)

In re LDN CORPORATION. NATIONSBANK, N.A., Plaintiff, v. LDN CORPORATION, Defendant.

United States Bankruptcy Court, E.D. Virginia, Newport News Division.

January 2, 1996.

Attorney(s) appearing for the Case

Frank J. Santoro, Portsmouth, VA, for debtor.

Thomas E. Cabaniss, Norfolk, VA, for plaintiff.

MEMORANDUM OPINION AND ORDER

DAVID H. ADAMS, Bankruptcy Judge.

This matter comes before the Court on NationsBank's Motion For Relief From Stay and LDN Corporation's Motion to Use Cash Collateral. An evidentiary hearing was held on both motions on November 22, 1995. The parties have subsequently submitted briefs and reply briefs.

FACTUAL BACKGROUND

LDN Corporation ("LDN") is the owner and operator of the Quality Inn Downtown, a 115 room...

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