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IN RE MILLSAP

Bankruptcy No. 89-03328-13.

141 B.R. 732 (1992)

In re David R. MILLSAP, Debtor.

United States Bankruptcy Court, D. Idaho.

May 15, 1992.

Attorney(s) appearing for the Case

Robert Covington, Coeur d'Alene, Idaho, for debtor.

Marc A. Lyons, Quane, Smith, Howard & Hull, Coeur d'Alene, Idaho, for Panhandle State Bank.

L.C. Spurgeon, trustee.

MEMORANDUM OF DECISION

ALFRED C. HAGAN, Chief Judge.

A creditor, Panhandle State Bank, has requested a determination of the extent of the section 362 stay, or in the alternative, stay relief so the Bank may pursue certain counterclaims against the debtor in a state court action. Panhandle Bank wishes to assert a claim for indemnification as part of its counterclaim in the action filed by the debtor against the Bank. The state court has ordered the Bank to...

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