IN RE: CROC, LLC

Filing 13

ORDER DENYING 1 Debtor's Motion to Stay. The court will still retain jurisdiction over the pending appeal of the Bankruptcy Court's order. Signed by US District Judge Terrence W. Boyle on 5/21/2014. (Fisher, M.)

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF NORTH CAROLINA
NORTHERN DIVISION
No. 2:14-MC-3-BO

IN RE: CROC, LLC
Debtor/Appellant.

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MEMORANDUM 0 R DE R

Debtor/Appellant, Croc, LLC, and movant Glenn Magill filed an emergency joint motion
to stay the activities of the trustee pending appeal on May 14, 2014. [DE 1]. The Court held a
hearing on the matter in Elizabeth City, North Carolina on May 21, 2014 at 3:00p.m. The Court
issued a ruling from the bench DENYING the motion for a stay.
The Court finds that there are no sufficient grounds to stay the Bankruptcy Court
proceedings. Movants did not meet their burden before this Court to justify the issuance of a
stay. Accordingly the motion to stay is DENIED. This Court retains jurisdiction over the pending
appeal ofthe Bankruptcy Court's order.

SO ORDERED.
This the

U

day of May, 2014.