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IN RE KEYCO, INC.

Bankruptcy Nos. 184-40380-260, 184-40379-260.

49 B.R. 507 (1985)

In re KEYCO, INC., Keyco Motor Freight, Inc., Debtors.

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

May 21, 1985.

Attorney(s) appearing for the Case

Norman Klasfeld, New York City, for debtors.

Payne, Wood and Littlejohn, Glen Cove, N.Y., for creditor; Charles G. Mills, Glen Cove, N.Y., of counsel.

DECISION AND ORDER

CONRAD B. DUBERSTEIN, Chief Bankruptcy Judge.

This is a motion brought by way of an order to show cause by Keyco, Inc. and Keyco Motor Freight, Inc., Chapter 11 debtors, for an order staying the prosecution of a state court action against their officers on the officers' personal guarantee of the debtors' first mortgage. The motion is denied.

I

FACTS

Keyco, Inc. ("Keyco") and Keyco Motor Freight, Inc. ("Keyco...

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