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IN RE SHERMAN HOMES, INC.

Bankruptcy No. 181-00155, Adv. No. 181-0138.

28 B.R. 176 (1983)

In re SHERMAN HOMES, INC., Debtor. Sherman E. FOGG, Barbara J. Fogg and Sheldon B. Fogg, Plaintiffs, v. SHERMAN HOMES, INC., Defendant.

United States Bankruptcy Court, D. Maine.

February 28, 1983.

Attorney(s) appearing for the Case

James Robinson, Bangor, Me., for plaintiffs.

Roderick Rovzar, Portland, Me., trustee.

Gregory Tselikis, Portland, Me., for trustee.

Richard E. Poulos, Portland, Me., for Devonshire.

Louis Kornreich, Bangor, Me., for defendant.

MEMORANDUM DECISION

FREDERICK A. JOHNSON, Bankruptcy Judge.

The trustee of this estate seeks approval of an application to compromise this adversary proceeding. Devonshire Capital Corporation, a creditor of Sherman Homes has objected to the application. The court concludes that the application should be approved.

On May 15, 1981, Sherman Homes filed a petition under chapter 11. In December of 1981, the Foggs filed a complaint for relief from stay...

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