IN RE ACI SUNBOW, LLC

Bankruptcy No. 96-17406-B11 R.S. No. JTHL.

206 B.R. 213 (1997)

In re ACI SUNBOW, LLC, Debtor. UNITED ENTERPRISES, LTD., Movant, v. ACI SUNBOW, LLC, Respondent.

United States Bankruptcy Court, S.D. California.

February 20, 1997.


Attorney(s) appearing for the Case

Ali M.M. Mojdehi, Baker & McKenzie, San Diego, CA, for Debtor.

John T. Hansen, Nossaman, Gunther, Knox & Elliott, L.L.P., San Francisco, CA, for United Enterprises, Ltd.

Jeffry A. Davis, Gray Cary Ware & Freidenrich, San Diego, CA, for GLV Capital Partners.

Tiffany L. Carroll, Office of the United States Trustee, San Diego, CA, for Office of U.S. Trustee.


ORDER ON MOTION FOR RELIEF FROM STAY

PETER W. BOWIE, Bankruptcy Judge.

United Enterprises, Ltd. (United) seeks relief from the automatic stay to foreclose on its first position deed of trust on vacant land now owned by debtor, ACI Sunbow (Sunbow). United asserts several grounds in support of its motion: 1) that the bankruptcy petition was filed in bad faith, therefore supporting relief under 11 U.S.C. § 362(d)(1), for cause; 2) that the property is...

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