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In re Gibellino-Schutz

In re Gibellino-Schutz

Ruling
Relief from stay to pursue indemnity and contribution actions against debtor denied.
Procedural posture

Cross claimants in state court litigation with Chapter 7 debtor filed a motion seeking termination of the bankruptcy stay under 11 U.S.C.S. § 362(d)(1) so that they could prosecute their indemnity and contribution crossclaim against the debtor.

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Consumer opinion summary, case decided on April 11, 2011 , LexisNexis #0511-047