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IN RE CANN & SAUL STEEL CO.

Bankruptcy No. 87-01153S.

76 B.R. 479 (1987)

In re CANN & SAUL STEEL COMPANY also d/b/a Alburtis Steel Company, Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

As Amended August 11, 1987.

Attorney(s) appearing for the Case

Lawrence J. Tabas, Philadelphia, Pa., for debtor.

Alan C. Gershenson, Earl T. Stamm, Regina Stango Kelbon, Philadelphia, Pa., for Continental Bank.

Robert Bernstein, Pittsburgh, Pa., for Creditors' Committee.

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION AND PROCEDURAL HISTORY

The instant Chapter 11 bankruptcy case brings before us a smaller version of problems similar to those which we faced in our first Opinion in In re Grant Broadcasting of Philadelphia, Inc., 71 B.R. 376 (Bankr. E.D.Pa.1987), aff'd, 75 B.R. 819 (E.D.Pa. 1987), involving a less exotic but equally...

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