IN RE CBJ DEVELOPMENT, INC.

BAP No. CC-96-1031-HAlJ, Bankruptcy No. ND 95-13342 RR.

202 B.R. 467 (1996)

In re CBJ DEVELOPMENT, INC., Debtor. Albert J. CENTOFANTE and Mary J. Centofante, Co-Trustees of the Centofante Family Trust Dated 7/27/82, Appellants, v. CBJ DEVELOPMENT, INC., Appellee.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided September 17, 1996.


OPINION

HAGAN, Bankruptcy Judge:

Appellants, Albert J. Centofante and Mary J. Centofante as trustees of the Centofante Family Trust ("Centofante"), appeal the bankruptcy court's order denying their motion for relief from the § 3622 automatic stay to proceed against property owned by chapter 11 debtor, CBJ Development, Inc. (the "Debtor"). WE AFFIRM.

FACTUAL BACKGROUND

The Debtor's primary asset consists...

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