Opinion ID: 621950
Heading Depth: 1
Heading Rank: 7

Heading: Relief from Stay Standard

Text: The Bankruptcy Code provides that [o]n request of a party in interest and after notice and a hearing, the court shall grant relief from the stay if the party in interest has made the appropriate showing to obtain such relief. 11 U.S.C. § 362(d). [4] The Bankruptcy Code does not define the term party in interest for purposes of this subsection. Courts have concluded, however, that in order to invoke the court's power to award relief under § 362(d), a party must be either a creditor or a debtor of the bankruptcy estate. See, e.g., Roslyn Savings Bank v. Comcoach Corp. (In re Comcoach Corp.), 698 F.2d 571, 573 (2d Cir.1983). The question, then, is whether Deutsche Bank has established its status as a creditor of the Millers' bankruptcy estate.