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IN RE TODD SHIPYARDS CORP.

Bankruptcy Nos. 87-5005, 87-5006.

92 B.R. 600 (1988)

In re TODD SHIPYARDS CORPORATION, Todd Pacific Shipyards Corporation, Debtors.

United States Bankruptcy Court, D. New Jersey.

April 19, 1988.

Attorney(s) appearing for the Case

Ravin, Sarasohn, Cook, Baumgarten, Fisch & Baime, Roseland, N.J., Proskauer, Rose, Goetz & Mendelson, New York City, for debtors.

Klinger, Nicolette, Mavroudis & Honig by Richard B. Honig, Oradell, N.J., for Movants William Bradley Chisholm and Thu Chisholm.

Hannoch Weisman by Jack Gillman, Roseland, N.J., for Official Unsecured Creditors Committee.

Berlack, Israels & Liberman, New York City, and Rothbard, Rothbard & Kohn, Newark, N.J., for Noteholders' Committee.

OPINION

WILLIAM F. TUOHEY, Bankruptcy Judge.

This matter is before the Court upon motion of William Bradley Chisholm and Thu Chisholm (collectively "movants") seeking an order vacating the automatic stay pursuant to 11 U.S.C. § 362 to allow the movants to continue personal injury suits pending in the United States District Court for the Central District of California and in the Superior Court of the State of California against the debtors herein, Todd...

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