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IN RE MONARCH CAPITAL CORP.

Bankruptcy No. 91-41379-JFQ.

130 B.R. 368 (1991)

In re MONARCH CAPITAL CORPORATION, Debtor.

United States Bankruptcy Court, D. Massachusetts.

August 12, 1991.

Attorney(s) appearing for the Case

Gary A. Barney, Arnold B. Tschirgi, Lander, Wyo., for Norma Louise Waddoups.

Robert Gargill, Choate, Hall & Stewart, Boston, Mass., for Harrison J. Goldin, trustee.

Peter Nils Baylor, Nutter, McClennen & Fish, Boston, Mass., for Susan K. Scott.

Guy B. Moss, Bingham Dana & Gould, Boston, Mass., for The "Bank Group".

William F. McCarthy, Ropes & Gray, Boston, Mass., for debtor.

OPINION

JAMES F. QUEENAN, Jr., Chief Judge.

Norma Louise Waddoups ("Norma Louise"), an incapacitated person acting through her parents as her guardians, moves for an order terminating the automatic stay and directing the transfer of a structured settlement annuity policy so that she and others may continue to receive payments under the policy issued by Monarch Life Insurance Company ("Monarch Life") and owned by its parent corporation, Monarch Capital Corporation...

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