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IN RE NEW HAVEN FOUNDRY, INC.

No. 01-62954-R.

285 B.R. 646 (2002)

In re NEW HAVEN FOUNDRY, INC., Debtor.

United States Bankruptcy Court, E.D. Michigan, Southern Division.

November 19, 2002.

Attorney(s) appearing for the Case

John G. Adam, Southfield, MI, Benjamin G. Bair, Shelby Township, MI, Donald F. Baty, Jr., David K. Foust, Office of the Attorney, Niraj Ganatra, Detroit, MI, Becket & Lee, Malvern, PA, Richard A. Green, Bingham Farms, MI, Rose A. Houk, Lansing, MI, Richardo I. Kilpatrick, Auburn Hills, MI, Timothy J. Kramer, Detroit, MI, Frank Krycia, Mt. Clemens, MI, Michael D. Lieberman, Southfield, MI, Sebastian Lucido, Utica, MI, Todd R. Mendel, Detroit, MI, James A. Plemmons, Alicia Schehr, Detroit, MI, Kurt A. Steinke, Sterling Heights, MI, Kenneth A. Tardie, Mt.Clemens, MI, Charles Turnbull, Sterling Heights, MI, Barbara R. Van Zomeren, Brainerd, MN, Stanley L. de Jongh, Detroit, MI, for creditor.

Stephen M. Gross, Bingham Farms, MI, for debtor.

Opinion Granting GM's Motion for Relief from Stay to Allow Setoff

STEVEN W. RHODES, Chief Judge.

This matter is before the Court on a motion filed by General Motors for relief from the automatic stay to permit set-off. DaimlerChrysler Corp. (DCX) filed an objection. The Court conducted a hearing, requested additional briefing from the parties, and took the matter under advisement.

I.

Wesley...

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