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IN RE ADAMSON CO., INC.

Bankruptcy Nos. 83-00725-R, 83-00726-R.

29 B.R. 937 (1983)

In re ADAMSON COMPANY, INC. and Old Dominion Iron And Steel Corporation, t/a Old Dominion Fabricators, Debtors.

United States Bankruptcy Court, E.D. Virginia, Richmond Division.

May 17, 1983.

Attorney(s) appearing for the Case

W.H. Schwarzschild, III, Richmond, Va., for debtors.

MEMORANDUM OPINION

BLACKWELL N. SHELLEY, Bankruptcy Judge.

Adamson Company, Inc. and Old Dominion Iron and Steel Corporation (the debtors) filed petitions under Chapter 11 of Title 11 U.S.C. on May 3, 1983. Immediately upon filing these petitions Adamson and ODIS requested a hearing on an application for authority to borrow money from BVA Credit Corporation (BVA). The request was granted and hearing was held May 4, 1983, at 2:00 p.m. The application proposed...

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