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MATTER OF NORTHWOOD INDUSTRIES, INC.

Bankruptcy No. MM7-82-00127.

25 B.R. 210 (1982)

In the Matter of NORTHWOOD INDUSTRIES, INC., Debtor.

United States Bankruptcy Court, W.D. Wisconsin.

December 3, 1982.

Attorney(s) appearing for the Case

Charles D. Koehler, Herrling, Clark, Hartzheim & Siddall, Ltd., Appleton, Wis., Christopher H. Evenson, Rhode Law Office, Portage, Wis., for creditor.

William Rameker, Murphy, Stolper, Brewster & Desmond, S.C., Madison, Wis., for trustee.

Julia J. Groeschel, Bennet & Bennet, Portage, Wis., for debtor.

MEMORANDUM DECISION

ROBERT D. MARTIN, Bankruptcy Judge.

This case is now before the court on the debtor's motion to exercise its option to purchase and thereafter to sell the subject real estate, and also upon the application of William Glover for relief from the automatic stay under 11 U.S.C. § 362 so that he may continue his state court action to recover the subject real estate. Both motions arise out of a common set of facts and circumstances.

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