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IN RE EVANS PRODUCTS CO.

Bankruptcy No. 85-00512-BKC-TCB.

50 B.R. 13 (1985)

In re EVANS PRODUCTS CO. et al., Debtors.

United States Bankruptcy Court, S.D. Florida.

May 8, 1985.

Attorney(s) appearing for the Case

Robert Mark, Miami, Fla., for debtors.

ORDER DENYING DEBTOR'S MOTION FOR ORDER APPROVING SHORT TERM INVESTMENT BY DEBTOR

THOMAS C. BRITTON, Bankruptcy Judge.

Evans Products Company, a chapter 11 debtor, has about $35 million worth of cash and cash equivalents at any given moment. It is eager to and, apparently, it has in the past invested that money in such manner as to yield the maximum reasonable net return on the money, taking into account the safety of its investment. As a part...

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