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IN RE SYNDICOM CORP.

No. 01 B 41517(REG).

268 B.R. 26 (2001)

In re SYNDICOM CORPORATION, Debtors.

United States Bankruptcy Court, S.D. New York.

August 23, 2001.

Attorney(s) appearing for the Case

Handler & Goodman LLP, by Robert S. Goodman and Arthur Handler, New York City, for Shoichi Takaya.

Stuart A. Jackson, P.C., by Stuart A. Jackson, New York City, for the Debtor.

Lewis W. Siegel, by Lewis W. Siegel, New York City, for Stuart R. Ross.

Carolyn S. Schwartz, United States Trustee, by Greg M. Zipes and Richard Morrissey New York City.

MEMORANDUM OF DECISION AND ORDER ON MOTION FOR RELIEF FROM STAY, OR, ALTERNATIVELY, FOR DISMISSAL OF CASE

ROBERT E. GERBER, Bankruptcy Judge.

Shoichi Takaya, the landlord of the apartment in which the Debtor's principals reside (and as to which the lease is in the name of the Debtor), moves, pursuant to sections 362(d)(1) and 1112(b) of the Bankruptcy Code, for relief from the stay, to continue eviction proceedings with respect to the apartment, or, alternatively...

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