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IN RE RIVIERA INN OF WALLINGFORD, INC.

Bankruptcy No. 205-5-80-00068, Adv. No. 205-5-80-0150.

7 B.R. 725 (1980)

In re RIVIERA INN OF WALLINGFORD, INC., Debtor. The FRANKLIN CORPORATION, Plaintiff, v. RIVIERA INN OF WALLINGFORD, INC., Defendant.

United States Bankruptcy Court, D. Connecticut.

December 16, 1980.

Attorney(s) appearing for the Case

Levin & Charmoy, Bridgeport, Conn., for debtor.

Goldman & Rosen, P.C., Bridgeport, Conn., for The Franklin Corp.

DECISION ON COMPLAINT OF THE FRANKLIN CORPORATION TO LIFT AUTOMATIC STAY.

HOWARD SCHWARTZBERG, Bankruptcy Judge.*

A truly benevolent secured creditor, who was willing to stand by beyond the 120 day period during which the debtor could prepare a plan, as prescribed under Code § 1121(b), and who was twice willing to accept reduced monthly payments in order to accommodate the debtor's financial distress, has now reached the...

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