IN RE MAXON ENGINEERING SERVICES, INC.

No. 04-04781 (MWV).

324 B.R. 429 (2005)

In re MAXON ENGINEERING SERVICES, INC., Debtor. United Surety & Indemnity Company, Movant, v. Maxon Engineering Services, Inc., Respondent.

United States Bankruptcy Court, D. Puerto Rico.

March 10, 2005.


Attorney(s) appearing for the Case

Hector Saldana Egozcue, Carlos Lugo-Fiol, Saldana, Saldana-Egozcue & Vallecillo, CSP, for Movant.

Carmen C. Conde, C. Conde & Assoc., for Debtor.

Isabel M. Fullana, Carcia-Arregui & Fullana, for Party in Interest PREPA.


MEMORANDUM OPINION

MARK W. VAUGHN, Chief Judge.

The Court has before it a motion for relief from the automatic stay filed by creditor United Surety & Indemnity Company (the "Movant") in order to cancel certain bonding contracts entered into between the Movant and Maxon Engineering Services, Inc. (the "Debtor"). The Debtor opposed the Movant's request on July 27, 2004, and a party in interest, Puerto Rico...

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