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IN RE CHEMTOY CORP.

Bankruptcy No. 78 B 5286.

19 B.R. 475 (1982)

In re CHEMTOY CORPORATION, an Illinois Corporation, Bankrupt. ALTRA CORPORATION, a Corporation, Plaintiff, v. CHEMTOY CORPORATION, an Illinois Corporation, Defendant.

United States Bankruptcy Court, N.D. Illinois, E.D.

April 15, 1982.

Attorney(s) appearing for the Case

August A. Pilati, of Gesas & Towbin, Chicago, Ill., appeared for the plaintiff Altra Corp.

Morris J. Coff, of Holleb & Coff, Ltd., Chicago, Ill., appeared for the defendant Chemtoy Corp.

MEMORANDUM OPINION

FREDERICK J. HERTZ, Bankruptcy Judge.

I

This cause of action involves a complaint by plaintiff Altra Corporation (hereinafter referred to as Altra), seeking to modify the automatic stay granted to defendant Chemtoy Corporation (hereinafter referred to as Chemtoy). The stay in question stems from a Chapter XI plan of reorganization which was confirmed on December 22, 1978. Under Bankruptcy Rule 11-44(b), an automatic stay continues...

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