IN RE PINE TREE ELEC. CO.

Bankruptcy No. 281-00339, Adv. No. 281-0292.

34 B.R. 199 (1983)

In re PINE TREE ELECTRIC CO., Debtor. Hollis R. SAWYER, Plaintiff, Thomas G. Ainsworth, Trustee, Plaintiff, v. E.A. GRALIA CONSTRUCTION CO., INC., Defendant, v. NORTHEAST BANK OF LEWISTON AND AUBURN, Party in Interest.

United States Bankruptcy Court, D. Maine.

October 5, 1983.


Attorney(s) appearing for the Case

Richard E. Poulos, Portland, Me., for plaintiff Sawyer.

Barry Zimmerman, Kelly, Remmel & Zimmerman, Portland, Me., for plaintiff Ainsworth.

Philip Ryan, Springfield, Mass., for defendant Gralia.

John Bonneau, Marshall, Raymond & Beliveau, Lewiston, Me., for defendant Northeast Bank.


FINDINGS AND CONCLUSIONS UNDER LOCAL RULE 41(d)(3)(B)

FREDERICK A. JOHNSON, Bankruptcy Judge.

The trustee of the debtor and Hollis Sawyer, an alleged guarantor of a letter of credit issued on the debtor's behalf, filed a complaint against E.A. Gralia Company, Inc., the beneficiary of the letter of credit, and Northeast Bank of Lewiston and Auburn, the issuer of the letter of credit.1 The plaintiffs seek an order permanently enjoining...

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