IN RE AMERICAN ENERGY, INC.

Bankruptcy No. 84-05566, Adv. No. 85-7052.

50 B.R. 175 (1985)

In re AMERICAN ENERGY, INC., Debtor. Gary E. CAMERON, Trustee, Plaintiff, v. Loren D. ANDERSON; Arlo Andrews; Dale V. Benson; Gene Berger; Quiren L. Braun; Gregory K. Boyer; Jerry Briks; Glen Danielson; John Doshadis; Douglas Erickson; James A. Goerdt; James Greenmyer; Carl Hansen; Rodney Iverson; Bertice Jacobson; Dale M. Klingberg; Clayton Litchfield; Francis Litchfield; Rochelle Litchfield; Erwin Lugert; Dennis A. Mahoney; Forrest Nordmark; Michael Oleary; Lloyd Pearson; Gerald Peters; Cecil Poss; Lloyd Ptacek; Warren E. Rau; Alfred Renner; Dennis L. Sandberg; Kenneth A. Spitzer; Paul A. Spitzer; Clarmont Ulven; Glenn Van Ningen; Bernard Vculek; and Darrell Wallace, Defendants.

United States Bankruptcy Court, D. North Dakota.

June 11, 1985.


Attorney(s) appearing for the Case

Jay D. Carlson, Fargo, N.D., for plaintiff.

Bruce H. Carlson, Timothy Q. Davies, Fargo, N.D., Michael M. Fluegel, Morris, Minn., for defendants.


ORDER OF ABSTENTION

WILLIAM A. HILL, Bankruptcy Judge.

The Debtor, American Energy, Inc. (AEI), is a corporation organized as a producers' cooperative association to perform marketing and other functions for member growers and in connection therewith, it was to construct a facility at Hankinson, North Dakota, for the processing of grain into anhydrous ethyl alcohol and other products. Growers who constituted the membership of AEI agreed through individual...

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