MATTER OF RIMSAT, LTD.

Bankruptcy No. 95-10120.

208 B.R. 910 (1997)

In the Matter of RIMSAT, LTD., Debtor.

United States Bankruptcy Court, N.D. Indiana, Fort Wayne Division.

April 3, 1997.


Attorney(s) appearing for the Case

Grant F. Shipley, Fort Wayne, Indiana and William Factor, Chicago, Illinois, for Kauthar Sdn. Bhd.

Eric Chickedantz, Fort Wayne, Indiana, for Matt Nilson.


DECISION

ROBERT E. GRANT, Bankruptcy Judge.

This court has no doubt that it has the power to enforce the automatic stay of 11 U.S.C. § 362(a). The question before it concerns the means by which that power is properly exercised.

Kauthar Sdn. Bhd., an equity security holder of the debtor, has initiated securities litigation in district court against Matt Nilson and others. In that litigation, Nilson filed a cross claim. Kauthar contends...

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