In re Madison Hotel Corp., 175 B.R. 94 (Bkrtcy.N.D.Ala.,1994)

Tazewell T Shepard III

Practice Area:Bankruptcy / Chapter 11

Outcome:Bankruptcy Court granted our motion for stay relief.

Description:Stay relief under section 362(a) would be granted, given lack of likelihood of Chapter 11 debtor's ability to successfully reorganize and existence of improper postpetition insider transactions.