6th Circuit: Stay Extended Properly; Creditor's Interest In Real Property Lacking

6th Circuit: Stay Extended Properly; Creditor's Interest In Real Property Lacking

CINCINNATI - A panel of the Sixth Circuit U.S. Court of Appeals on Dec. 17 affirmed a bankruptcy court's decision to grant an extension of the automatic stay in a bankruptcy due to the fact that the creditor who sought relief from the stay failed to show that it had a valid security interest in real property that was contested in the bankruptcy proceeding (Grant, Konvalinka & Harrison v. C. Kenneth Still $(In Re: Steve A. McKenzie$), No. 12-6374, Chapter 7, 6th Cir.; 2013 U.S. App. LEXIS 24934).

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