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IN RE DeLUCA

Bankruptcy No. 95-11924-AM. Contested Matter No. 96-1211.

194 B.R. 797 (1996)

In re Robert R. DeLUCA, Marilyn S. DeLuca, Debtors. PRINCIPAL MUTUAL LIFE INSURANCE COMPANY, Movant, v. LAKESIDE ASSOCIATES, L.P., Respondent.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

April 1, 1996.

Attorney(s) appearing for the Case

Kevin M. O'Donnell, McKinley, Schmidtlein, O'Donnell & Bornmann, P.L.C., Alexandria, VA, for debtor in possession.

Lawrence H. Fischer, Charles A. Moster, Deckelbaum Ogens & Fischer, Chtd., Washington, DC, for Principal Mutual Life Insurance Company.

Linda Lemmon Najjoum, Hunton & Williams, McLean, VA, for Crestar Bank.

MEMORANDUM OPINION

STEPHEN S. MITCHELL, Bankruptcy Judge.

A hearing was held on March 25, 1996, on the motion filed by Principal Mutual Life Insurance Company ("Principal Mutual") on February 13, 1996, for relief from the automatic stay in the case of Lakeside Associates, L.P. ("Lakeside" or "the debtor") in order to foreclose under a deed of trust or, in the alternative, for dismissal of the case. At the conclusion of the hearing the court made findings...

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