In Re Slippery Rock Forging, Inc.

MEMORANDUM OPINION

JOSEPH L. COSETTI, Bankruptcy Judge.

A Motion for Relief from Stay by Citizens National Bank of Evans City, Pennsylvania, is before the court at this time. Citizens National Bank seeks, among other things, an Order compelling debtor Slippery Rock Forging, Inc. to pay over to it the net proceeds of a settlement of an adversary proceeding between debtor and Quanex Corporation.

The motion will be denied for reasons set forth below.

I

The following facts are not in dispute.

Debtor purchased steel bars from Qua-nex Corporation, which is located in Michigan, on an open account basis.…