IN RE TEJAL INVESTMENT, LLC.

Bankruptcy No. 12-28606.

In re: TEJAL INVESTMENT, LLC, Chapter 11, Debtor.

United States Bankruptcy Court, D. Utah.

December 12, 2012.


Attorney(s) appearing for the Case

Tejal Investment, LLC, Sunset, UT, Debtor.

Tyler T. Todd , 1 LAW, Labrum Neeley Velez & Associates, PC, St. George, UT, Attorney for the Debtors.

Daniel K. Watkins , Peck Hadfield Baxter & Moore, LLC, Logan, UT, Attorneys for First-Citizens Bank & Trust Co.


MEMORANDUM DECISION GRANTING MOTION FOR RELIEF FROM STAY

WILLIAM T. THURMAN, Bankruptcy Judge.

The matter before the Court is the Motion for Relief from Automatic Stay or to Dismiss (the "Motion") filed by First-Citizens Bank & Trust Co. (the "Bank") seeking termination of the stay as it relates to certain real property owned by the Debtor. The Court conducted an evidentiary hearing on the Motion on November 15, 2012. At the hearing, Daniel K. Watkins...

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