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In re JII Liquidating Inc.

In re JII Liquidating Inc.

Ruling
Court found cause to terminate automatic stay to allow finance company to receive refund of unearned insurance premiums.
Procedural posture

Plaintiff finance company, which financed the purchase of insurance policies by the insured debtors, moved for adequate protection or to lift the automatic stay with respect to unearned insurance premiums. The chapter 7 trustee objected to the relief sought.

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opinion summary, case decided on July 12, 2006 , LexisNexis #0806-019