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MATTER OF PHOENIX STEEL CORP.

Bankruptcy No. 87-147.

82 B.R. 334 (1987)

In the Matter of PHOENIX STEEL CORPORATION, Debtor.

United States Bankruptcy Court, D. Delaware.

December 31, 1987.

Attorney(s) appearing for the Case

James L. Patton, Jr., Young, Conaway, Stargatt & Taylor, Wilmington, Del., for debtor.

Lynne Gerber-Saionz, Galfand, Berger, Senesky, Lurie & March, Philadelphia, Pa., for Committee of Employees and Retirees.

James Peck, Duane, Morris & Heckscher, Philadelphia, Pa., for Unsecured Creditors Committee.

Eduard F. von Wettberg, III, Morris, James, Hitchens & Williams, Wilmington, Del., for Wai Hing and Co.

BENCH DECISION FOLLOWING DECEMBER 31, 1987 HEARING ON AN APPLICATION FOR APPROVAL OF A § 363 SALE

HELEN S. BALICK, Bankruptcy Judge.

I am aware of the hour and of the need for all interested parties to meet elsewhere to continue whatever it is that needs to be done with respect to the Chang offer. Be that as it may, I am being asked to make a decision which must be a decision of record on the application for the sale of the equipment to Lukens which was...

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