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IN RE SLIPPERY ROCK FORGING, INC.

Bankruptcy No. 87-2787, Motion No. 88-6019M.

99 B.R. 679 (1989)

In re SLIPPERY ROCK FORGING, INC., Debtor.

United States Bankruptcy Court, W.D. Pennsylvania.

May 18, 1989.

Attorney(s) appearing for the Case

John P. Vetica, Jr., Pittsburgh, Pa., for debtor.

Lu Ann Datesh, R.F. Wagner, Dickie, McCamey & Chilcote, Pittsburgh, Pa., for Citizens Nat. Bank.

Owen W. Katz, Bernstein & Bernstein, Pittsburgh, Pa., for Committee of Unsecured Creditors.

MEMORANDUM OPINION

JOSEPH L. COSETTI, Bankruptcy Judge.

A Motion for Relief from Stay by Citizens National Bank of Evans City, Pennsylvania, is before the court at this time. Citizens National Bank seeks, among other things, an Order compelling debtor Slippery Rock Forging, Inc. to pay over to it the net proceeds of a settlement of an adversary proceeding between debtor and Quanex Corporation.

The motion will be denied for reasons set forth below...

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