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IN RE SAXON INDUSTRIES, INC.

Bankruptcy No. 82 B 10697 (EJR), Adv. No. 83-5468.

43 B.R. 64 (1984)

In re SAXON INDUSTRIES, INC., Debtor. FOX & COMPANY, A Partnership, Plaintiff, v. SAXON INDUSTRIES, INC., Defendant.

United States Bankruptcy Court, S.D. New York.

September 25, 1984.

Attorney(s) appearing for the Case

Parker Chapin Flattau & Klimpl, New York City, for Fox & Co.

Cahill, Gordon & Reindel, New York City, Corporate Counsel.

DECISION AND ORDER ON MOTION TO LIFT AUTOMATIC STAY

EDWARD J. RYAN, Bankruptcy Judge.

On April 15, 1982, Saxon Industries, Inc. (Saxon) filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. Saxon is presently operating its business as debtor-in-possession. 11 U.S.C. § 1107.

There are a total of 39 different actions pending against Saxon and/or Fox & Company, a partnership of certified public accountants ...

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