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IN RE FAIRFIELD EXECUTIVE ASSOCIATES

Bankruptcy No. 92-29554 (NLW). Civ. A. No. 93-1528.

161 B.R. 595 (1993)

In re FAIRFIELD EXECUTIVE ASSOCIATES, Debtor. FAIRFIELD EXECUTIVE ASSOCIATES, Appellant, v. HYPERION CREDIT CAPITAL PARTNERS, L.P., Respondent.

United States District Court, D. New Jersey.

November 1, 1993.

Attorney(s) appearing for the Case

Greenbaum, Rowe, Smith, Ravin & Davis, Woodbridge, NJ by Nancy Isaacson for Fairfield Executive.

Herrick & Feinstein P.C., Princeton Junction, NJ by Robin J. Kantor for Hyerior Credit Capital Partners.

OPINION

HAROLD A. ACKERMAN, District Judge:

This matter comes before the court on the appeal of a debtor in bankruptcy from an order of the United States Bankruptcy Court granting the motion of a creditor for relief from the bankruptcy automatic stay. For the following reasons, the decision of the bankruptcy court is affirmed in its entirety.

I. Factual Background

Fairfield Executive Associates ("Fairfield" or "Debtor") is a New Jersey general...

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