Opinion
CIVIL ACTION NO. H-14-3574
04-22-2015
TREMAINE ENTERPRISES, INC., Plaintiff, v. AMERICAN SPECTRUM REALTY, INC., Defendant.
OPINION AND ORDER STAYING AND ADMINISTRATIVELY CLOSING CASE
Pending before the Court in the above referenced action is Plaintiff Tremaine Enterprises, Inc.'s Suggestion of Bankruptcy (instrument #9) of Defendant American Spectrum Realty, Inc., which filed a voluntary petition for relief under Chapter 7 of Title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas, Case Number 15-31514, on March 16, 2015.
"When a bankruptcy petition is filed, an automatic stay operates as a self-executing injunction. The stay prevents creditors from taking any collection against the debtor or the property of the debtor's estate for pre-petition debts. 11 U.S.C. § 362(a)." Campbell v. Countrywide Home Loans, Inc., 545 F.3d 348, 354-55 (5 Cir. 2008). The Court
ORDERS that this case is STAYED and ADMINISTRATIVELY CLOSED. Leave is granted to any party to move to reinstate this case, if appropriate, after the stay is lifted or the bankruptcy resolved.
SIGNED at Houston, Texas, this 22 day of April, 2015.
/s/_________
MELINDA HARMON
UNITED STATES DISTRICT JUDGE