978 F2d 1264 Minn-Kota Farm Service Inc v. Home Government Deals and you will Mortgage Connection
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Minn-Kota Ranch Company, Inc. (Minn-Kota), a section eleven debtor, is attractive the fresh region court’s1 affirmance of the bankruptcy court’s2 buy giving rest from the automatic remain below 11 U.S.C. 362(d)(1) so you can Domestic Government Offers and you will Financing Association (Household Government), a creditor shielded by a note and you can home loan on the Minn-Kota’s best resource, a flat building. We affirm.
Pursuing the a paying attention and several has the benefit of out-of sufficient protection of the Minn-Kota, brand new case of bankruptcy courtroom summarily offered Family Federal’s motion to own relief from this new automatic stay. To your attract, this new area legal remanded the matter, finishing the bankruptcy judge had didn’t generate adequate results. Continuar leyendo «978 F. 2d 1264 – Minn-Kota Farm Service Inc v. Household Government Coupons and you will Loan Relationship»