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IN RE NITEC PAPER CORP.

No. 84 Civ. 1729(DNE).

43 B.R. 492 (1984)

In re NITEC PAPER CORPORATION, Debtor.

United States District Court, S.D. New York.

October 17, 1984.

Attorney(s) appearing for the Case

Stephen L. Baum, Arthur T. Cambouris, Gerald C. Goldstein and Reina Barcan, New York City, of counsel for appellant Power Authority

LeBoeuf, Lamb, Leiby & MacRae, Thomas G. Rohback, New York City, of counsel for appellant Niagra-Mohawk Power Corp.

Phillips, Nizer, Benjamin, Krim & Ballon, Martin F. Brecker and Jeffrey A. Heller, New York City, of counsel for appellee.*

OPINION AND ORDER

EDELSTEIN, District Judge:

The New York Power Authority and Niagara-Mohawk Power Corporation ("Niagara-Mohawk") have appealed from an order of the Bankruptcy Court, Burton R. Lifland, J., In re Nitec Paper Corporation, 43 B.R. 492, U.S.B.R. (S.D.N.Y.1984), 82 B 10809, ("Order") granting permission to effect transfer of electric power at market rates. The power would normally be used by the debtor-in...

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