Patrick E. Catalano - Page 7




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          In re Olson, 930 F.2d 6 (8th Cir. 1991).  However, respondent               
          asserts that the lifting of the automatic stay, without more, is            
          not an abandonment.                                                         
               Some courts have indicated that a lifting of a stay, in and            
          of itself, does not necessarily remove property from a bankruptcy           
          estate.  See In re B.S. Livingston & Co., 186 Bankr. 841, 858               
          (D.N.J. 1995); In re Nebel, 175 Bankr. 306, 311-312 (Bankr. D.              
          Neb. 1994); In re Cordry, 149 Bankr. 970, 973-974 (D. Kan. 1993);           
          In re Oakes, 129 Bankr. 477, 479 (Bankr. N.D. Ohio 1991); In re             
          Ridgemont Apartment Associates, 105 Bankr. 738, 741 (Bankr. N.D.            
          Ga. 1989).  Other courts indicate that granting relief from the             
          automatic stay is itself an abandonment or otherwise removes                
          bankruptcy court jurisdiction over the subject property.  See In            
          re Olympia Holding Corp., 161 Bankr. 524, 528 n.4 (M.D. Fla.                
          1993); In re Hood, 92 Bankr. 648, 655 (Bankr. E.D. Va. 1988),               
          affd. 92 Bankr. 656 (E.D. Va. 1988); In re Griggs, 82 Bankr. 532,           
          533 (Bankr. W.D. Mo. 1988); In re Fisher, 80 Bankr. 58, 62                  
          (Bankr. M.D. N.C. 1987).                                                    
               Petitioner’s argument is bolstered by the holding in Wilson            
          v. Bill Barry Enters., Inc., 822 F.2d 859 (9th Cir. 1987).  In              
          Wilson, the bankruptcy court granted a lessor relief from the               
          automatic stay to commence State court proceedings to recover               
          possession of property from a bankrupt lessee.  The lessee later            
          petitioned the State court for relief from forfeiture of the                
          lease.  After the petition was removed to the Federal District              





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