IN RE PETTERS CO., INC.

Nos. 08-45257, 08-45258(GFK), 08-45326(GFK), 08-45327(GFK), 08-45328(GFK), 08-45329(GFK), 08-45330(GFK), 08-45331(GFK), 08-45371(GFK), 08-45392(GFK).

419 B.R. 369 (2009)

In re PETTERS COMPANY, INC., et al, Debtors. (includes: Petters Group Worldwide, LLC; PC Funding, LLC; Thousand Lakes, LLC; SPF Funding, LLC; PL Ltd., Inc. Edge One LLC; MGC Finance, Inc.; PAC Funding, LLC; Palm Beach Finance Holdings, Inc.).

United States Bankruptcy Court, D. Minnesota.

August 31, 2009.


Attorney(s) appearing for the Case

James A. Lodoen, Lindquist & Vennum P.L.L.P, Minneapolis, MN, for Debtors/Trustee Douglas A. Kelley.

George H. Singer, Terrence J. Fleming, Lindquist & Vennum, James A. Rubenstein, Sarah E. Doerr, Moss & Barnett, Minneapolis, MN, for Trustee Douglas A. Kelley.

Michael Fadlovich, Michael E. Ridgway, Robert Raschke, U.S. Trustee Office, Minneapolis, MN, for U.S. Trustee.


MEMORANDUM TO ORDER OF AUGUST 4, 2009 [DKT. NO. 263]

GREGORY F. KISHEL, Bankruptcy Judge.

On August 4, 2009, the Court entered an order to grant a motion for relief from stay that had been made by Greenwich Insurance Company ("Greenwich") and XL Specialty Insurance Company ("XL Specialty"). The effect of the grant of relief was to allow those insurers to receive, process, and make payment on claims made by, or in the name of, Thomas J. Petters and Debtors...

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