Factual and Procedural Background
The matter concerns In re Plumberex Specialty Products, Inc., Case No. RS04-14498 PC, before the United States Bankruptcy Court, Central District of California, Riverside Division. Truebro, Inc. filed a Motion for Relief from the Automatic Stay under 11 U.S.C. § 362 against debtor Plumberex Specialty Products, Inc. The court issued an order on June 7, 2004, denying Truebro, Inc.'s motion without prejudice, based on findings of fact and conclusions of law set forth in the court's contemporaneous Memorandum Decision.
Legal Issues Presented
- Whether Truebro, Inc. is entitled to relief from the automatic stay under 11 U.S.C. § 362.
Arguments of the Parties
The opinion does not contain a detailed account of the parties' legal arguments.
Table of Precedents Cited
No precedents were cited in the provided opinion.
Court's Reasoning and Analysis
The order states that it is based upon the findings of fact and conclusions of law set forth in the court's Memorandum Decision of even date. The order itself does not recite the underlying factual findings or the detailed legal analysis; those findings and conclusions are contained in the separate Memorandum Decision.
Holding and Implications
Truebro, Inc.'s Motion for Relief from the Automatic Stay under 11 U.S.C. § 362 is DENIED WITHOUT PREJUDICE.
Direct effect: The motion is denied without prejudice, leaving Truebro, Inc. the option to seek relief again consistent with the court's accompanying Memorandum Decision. The opinion does not announce or establish any new precedent.
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