IN RE THATCHER GLASS CORP.

Bankruptcy No. 5-84-00911, Motion No. 5-85-0232-M.

59 B.R. 797 (1986)

In re THATCHER GLASS CORPORATION, Debtor. PEOPLES GAS SYSTEM, INC., Movant, v. THATCHER GLASS CORPORATION, Respondent.

United States Bankruptcy Court, D. Connecticut.

April 15, 1986.


Attorney(s) appearing for the Case

Paul K. Barenholtz, Kelley, Drye & Warren, Stamford, Conn., for Peoples Gas System, Inc.

Barbara G. Kaplan, Stroock & Stroock & Lavan, New York City, for debtor.


MEMORANDUM AND ORDER

ALAN H.W. SHIFF, Bankruptcy Judge.

People's Gas System, Inc. ("PGS") seeks relief from the automatic stay, 11 U.S.C. § 362(a), so that it may apply a security deposit it holds to pay for post petition natural gas it supplied to the debtor, Thatcher Glass Corporation ("Thatcher"). Thatcher in turn seeks an order directing PGS to return the security deposit together with interest thereon after deducting the amount of unpaid post petition...

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