PJC Techs. Inc. v. C3 Capital Partners LP (In re PCJ Techs. Inc.)

Ruling: 
Sale of 100 percent of stock owned by third party did not violate stay.
Procedural posture: 
Chapter 11 debtor sought a preliminary injunction to stay defendant secured creditor's sale of stock of the debtor owned by a third party. The debtor alleged that the scheduled sale of the stock would violate the automatic stay pursuant to 11 U.S.C.S. § 362(a)(1).
Issue: 
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Commercial case opionion summary, case decided on January 20,2010, LexisNexis #0410-077