IN RE BAIRD

Bankruptcy Nos. 4-82-00498, 4-82-000499, Adv. No. 4-83-0107.

63 B.R. 60 (1986)

In re Charles Newton BAIRD, Joseph Allen Baird, Sharon Ann Baird, d/b/a Baird Brothers, Debtor(s). Russ WILKEY, Trustee, Plaintiff, v. UNION BANK & TRUST COMPANY, Farmers State Bank, Charles Newton Baird and Joseph Allen Baird and Sharon Ann Baird, d/b/a Baird Brothers, Defendants.

United States Bankruptcy Court, W.D. Kentucky.

July 9, 1986.


Attorney(s) appearing for the Case

Russ Wilkey, Owensboro, Ky., for plaintiff/trustee.

Michael A. Fiorella, Owensboro, Ky., for defendant/Farmers State Bank.

Sidney H. Hulette, Morganfield, Ky., for defendants.

Gary Gibbs, Henderson, Ky., for debtors/Bairds.


MEMORANDUM OPINION

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

Two issues are raised by the present motion for summary judgment, both having to do with the effect of a bankruptcy filing on statutes of limitations. The more novel question presented is whether the pendency of a bankruptcy proceeding for several months has the effect of prolonging a state statute of limitations for an equivalent length of time, after the bankruptcy is dismissed.

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