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· 12/31/1992

Equitable Life Assurance Society v. James River Associates (In Re James River Associates)

Citations

  • 148 B.R. 790
  • 5 Bankr. Ct. Rep. 260
  • 1992 U.S. Dist. LEXIS 20168
  • 1992 WL 389849

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that a 2% equity cushion is insufficient to provide adequate protection because of the deterioration of the equity cushion from accumulating interest
  • holding that a continued failure to make mortgage payments along with a non-existent equity cushion can constitute “cause”
  • holding that a 2% equity cushion is insufficient to provide adequate protection because of the deterioration of the equity cushion from accumulating interest
  • holding that continued failure to make monthly payments under loan documents in a Chapter 11 case constitute cause for granting relief from automatic stay
  • holding that a 2% equity cushion is insufficient to provide adequate protection
  • first citing In re Kost, 102 B.R. 829, 831 (D. Wyo. 1989); then citing In re Lane, 108 B.R. 6, 7 (Bankr. D. Mass. 1989)

Source: CourtListener parenthetical corpus (CC0).

Judges: Clarke

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.