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S.E.C. v. LONG

Civ. A. No. 89-4075-S.

106 B.R. 697 (1989)

SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. Clarence E. LONG, H. Edward Tracy, and Joseph A. Lugo, Defendants.

United States District Court, D. Kansas.

October 6, 1989.

Attorney(s) appearing for the Case

Stephen Webster, Phillip W. Offill, Jr., S.E.C., Fort Worth, Tex., Benjamin L. Burgess, Jr., U.S. Atty., Richard L. Hathaway, Asst. U.S. Atty., Topeka, Kan., for plaintiff.

Joseph A. Lugo, pro se, New York City and Clarence E. Long, Boerne, Tex., pro se.

MEMORANDUM AND ORDER

SAFFELS, District Judge.

This matter is before the court on defendant Clarence E. Long's motion to stay this litigation against him because of the commencement of a Chapter 7 involuntary bankruptcy proceeding against him.

Normally a filing of a petition in bankruptcy operates as an automatic stay of pending civil actions against the debtor. 11 U.S.C. § 362(a). This automatic stay, however, does not operate to stay the continuation...

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