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IN RE GEORGE E. BUMPUS, JR. CONST. CO.

Bankruptcy No. 90-11586-WCH, Adv. No. 92-1275.

144 B.R. 1 (1992)

In re GEORGE E. BUMPUS, JR. CONSTRUCTION CO., Debtor. Paul G. BOYLAN, et al., Plaintiffs, v. GEORGE E. BUMPUS, JR. CONSTRUCTION CO., et al., Defendants.

United States Bankruptcy Court, D. Massachusetts.

August 13, 1992.

Attorney(s) appearing for the Case

Alexander Cataldo, Cuddy, Lynch, Manzi & Bixby, Boston, Mass., for plaintiffs.

Neil M. Brown, Boston, Mass., for debtor.

Ellen Carpenter, Kern, Sosman, Hagerty, Roach & Carpenter, Boston, Mass., for Blue Hill Federal Credit Union.

R. Allen Fryer, Peabody & Arnold, Boston, Mass., for NCUA.

DECISION REGARDING MOTION TO STAY PROCEEDINGS

WILLIAM C. HILLMAN, Bankruptcy Judge.

Before the Court is defendant National Credit Union Administration's ("NCUA") Motion to Stay Proceedings. The Court held a hearing and thereafter took the matter under advisement. NCUA, as liquidating agent of defendant Blue Hill Federal Credit Union ("Blue Hill"), filed a motion to stay proceedings for ninety (90) days under 12 U.S.C. § 1787(b)(12). The plaintiffs in...

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