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IN RE RICHARDS PONTIAC, INC.

Bankruptcy No. 880-4368, Adv. Proc. No. 880-0608-20.

6 B.R. 773 (1980)

In re RICHARDS PONTIAC, INC., Debtor. Reuben KORENMAN and Eleanor Korenman d/b/a Korey Realty Co., Plaintiffs, v. James BARR, Trustee and Richards Pontiac, Inc., Defendants.

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

September 15, 1980.

Attorney(s) appearing for the Case

Reilly, Like & Schneider, Babylon, N.Y., by Werner J. Zumbrunn, Babylon, N.Y., for plaintiffs.

Pinks & Feldman, Melville, N.Y., by Bernard S. Feldman, Melville, N.Y., for plaintiffs.

Hahn, Hessen, Margolis & Ryan, New York City, by Kevin C. Kelley, New York City, for defendant-trustee.

ROBERT JOHN HALL, Bankruptcy Judge.

I.

Reuben Korenman and Eleanor Korenman d/b/a Korey Realty Co. ("plaintiffs") have commenced an adversary proceeding to lift the automatic stay.1 For the reasons set forth below, judgment is granted for the plaintiffs.

II.

Richards Pontiac, Inc. (the "debtor") filed a voluntary petition under Chapter 7 of the Bankruptcy Code on July 29, 1980. Prior thereto, the debtor did...

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