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IN RE BEKER INDUSTRIES CORP.

No. 86 Civ. 8701 (RJW).

89 B.R. 336 (1988)

In re BEKER INDUSTRIES CORPORATION: and Beker Phosphate Corporation, Debtors.

United States District Court, S.D. New York.

July 18, 1988.

Attorney(s) appearing for the Case

Weil, Gotshal & Manges, New York City, for appellants; Marvin E. Jacob, Ellen R. Werther, Sheryl H. Haberman, of counsel.

Kronish, Lieb, Weiner & Hellman, New York City, for debtors; William J. Rochelle, of counsel.

ROBERT J. WARD, District Judge.

Commercial Credit Business Loans, Inc., Commercial Credit International Banking Corporation, and the National Bank of Canada (collectively, "the Secured Lenders" or "the Banks"), appeal from a decision of the bankruptcy court denying the motion of Beker Industries Corporation and Beker Phosphate Corporation (collectively, "Beker" or "the Debtors") for court approval to sell certain assets pursuant to 11 U.S.C. § 363(b)(1), (f)...

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