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IN RE GASPROM, INC.

BAP No. CC-12-1567-KuKiTa. Bankruptcy No. ND 12-10772-RR.

500 B.R. 598 (2013)

In re GASPROM, INC., Debtor. Gasprom, Inc., Appellant, v. Michelle Fateh; Fred Fateh; Sandra McBeth, Chapter 7 Trustee; Parker Foreclosure Services; Colonial Pacific Leasing Corp.; Julian Bach; Green Energy Holdings, LLC; United States Trustee, Appellees.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Decided October 28, 2013.

Attorney(s) appearing for the Case

Michael R. Sment , argued, Ventura, CA, for appellant Gasprom, Inc.; Peter A. Goldenring of Goldenring & Prosser, argued, Ventura, CA, for appellee Michelle Fateh.

Before: KURTZ, KIRSCHER and TAYLOR, Bankruptcy Judges.

OPINION

KURTZ, Bankruptcy Judge.

INTRODUCTION

Chapter 72 debtor Gasprom, Inc. ("Gasprom") appeals from a bankruptcy court order holding that the postpetition foreclosure of Gasprom's principal asset, a gas station, did not violate the automatic stay because the stay had terminated by operation of law as a result of the chapter 7 trustee's abandonment of the gas station. The bankruptcy court based this holding on an...

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