Alaska Supreme Court November 20, 1981, No. 4845 (Roach v. First National Bank of Anchorage)

lead-opinion

OPINION

RABINOWITZ, Chief Justice.

In this appeal we are confronted with a novel question: whether the superior court was divested of jurisdiction to enter summary judgment against appellants Hillard Roach and Equestrian Acres by virtue of their filing, in federal district court, Chapter XI reorganization petitions under the federal bankruptcy laws.