IN RE ALL-BRITE SIGN SERVICE CO., INC.

Bankruptcy No. 3-80-00328, Adv. No. 3-80-0258.

11 B.R. 409 (1981)

In re ALL-BRITE SIGN SERVICE CO., INC. a/k/a All-Brite Sign Service, Inc., and All-Brite Electric, Debtor. CITIZENS FIDELITY BANK & TRUST CO., Plaintiff, v. ALL-BRITE SIGN SERVICE CO., INC., Defendant.

United States Bankruptcy Court, W.D. Kentucky.

May 29, 1981.


Attorney(s) appearing for the Case

Kenneth H. Baker, Louisville, Ky., for plaintiff.

Thomas V. Haile, Louisville, Ky., for defendant.


MEMORANDUM AND ORDER

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

This matter has arisen on complaint of plaintiff, Citizens Fidelity Bank and Trust Company (hereafter the bank) to lift the automatic stay on funds in the general account of the defendant, All-Brite Sign Service Company, Inc. (hereafter All-Brite), so the bank may use those funds to set off All-Brite's outstanding obligations as permitted by 11 U.S.C. § 553.

At issue is the relationship...

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