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IN RE BOWMAN

Bankruptcy No. 91-5-2533-SD.

181 B.R. 836 (1995)

In re Anna Wade BOWMAN, Debtor.

United States Bankruptcy Court, D. Maryland.

May 5, 1995.

Attorney(s) appearing for the Case

Nelson C. Cohen, Barbara L. Ward, Zuckerman, Spaeder, Goldstein, Taylor & Kolker, Washington, DC, for debtor.

Steven D. Gordon, William J. Dempster, Holland & Knight, Washington, DC, Special Counsel for trustee.

David W. Tonnessen, Chapter 7 Trustee, Baltimore, MD.

Edmund A. Goldberg, Office of the U.S. Trustee, Baltimore, MD, for U.S. Trustee.

Jerald J. Oppel, Ober, Kaler, Grimes & Shriver, Baltimore, MD, for Geren Sales, Inc.

MEMORANDUM OPINION

E. STEPHEN DERBY, Bankruptcy Judge.

The controlling issue before the court is what are the duties of a debtor-in-possession whose only asset is a lawsuit and who is faced with an offer of judgment that is enough to pay creditors, but which the Debtor considers to be inadequate.

PROCEDURAL HISTORY

Anna Wade Bowman, Debtor, filed her voluntary Chapter 7 petition on April 23, 1991. Debtor was discharged after...

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