Opinion ID: 200041
Heading Depth: 2
Heading Rank: 4

Heading: Yamaha's Motion to Stay the Sale Pending Appeal

Text: 24 Yamaha argues that it was entitled to a stay of the golf carts' sale pending appeal, pursuant to Bankruptcy Rule 6004(g). Rule 6004(g) states that [a]n order authorizing the use, sale, or lease of property other than cash collateral is stayed until the expiration of 10 days after entry of the order, unless the court orders otherwise.  Fed. R. Bankr.P. 6004(g) (Supp.2001) (emphasis supplied). Yamaha complains that the bankruptcy court erred in waiving the ten-day period and ordering the immediate sale of the golf carts. 25 Although Rule 6004(g) provides for a ten-day stay, it also clearly states that the court can order otherwise. The Advisory Committee notes on Rule 6004(g) expressly state that [t]he court may, in its discretion, order that Rule 6004(g) is not applicable so that the property may be used, sold, or leased immediately.... 26 The court held an evidentiary hearing on the Trustee's motion to sell the golf carts and waive the automatic stay. The Trustee presented as factual bases for the waiver that the sale price was reasonable, the buyer was ready to complete the sale the next day, and the present owner of the golf club intended to charge for the carts' continued storage. Yamaha did not contest these facts. See In re Perry Hollow Mgmt. Co., 260 B.R. at 65. Accordingly, because we find that the bankruptcy court properly acted within its discretion, we affirm its decision to waive the stay.