IN RE CROUSE GROUP, INC.

Bankruptcy Nos. 87-00576S to 87-00583S.

71 B.R. 544 (1987)

In re The CROUSE GROUP, INC., Related Cases: Aronimink Corporation, Crouse Combustion Systems, Crouse Company, Inc., Crouse-Mitchell Fabricating Company, Inc., Crouse Recovery of Delaware Inc., Crouse of New Jersey, Inc., Y-E-P Industries, Inc., Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

March 16, 1987.


Attorney(s) appearing for the Case

Peter Platten, Limerick, Pa., Alexander N. Rubin, Jr., Robert Lapowsky, Philadelphia, Pa., for debtors.

Baldo M. Carnecchia, Jr., Philadelphia, Pa., for Wilmington Trust.

Richard E. Fehling, Reading, Pa., for Hamilton Bank.

Jestyn Payne, Wyomissing, Pa., for Boyertown Nat'l Bank.

William A. Harvey, Rona J. Rosen, Philadelphia, Pa., for GECC.

Morton Newman, Philadelphia, Pa., for Continental Bank.

Marvin Krasny, Robert Levin, Philadelphia, Pa., for Creditors' Committee.

Peter S. Clark, Marjorie O. Rendell, Philadelphia, Pa., for Meridian Bank.

Grant McCabe, Philadelphia, Pa., for The Federal Ins. Co.

James M. Matour, Philadelphia, Pa., for Matabassset Sewer Auth.


OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

At issue in these Motions by four (4) related Debtors-in-Possession who have recently filed, with several other related entities, jointly-administered Chapter 11 bankruptcy Petitions, is whether we should grant contested Motions seeking approval of certain Stipulations by which the Debtors propose to obtain credit for the purpose of meeting direct job costs in connection...

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