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IN RE FCX, INC.

Bankruptcy No. S-85-01574-5.

96 B.R. 49 (1989)

In re FCX, INC., ID #: 56-0220040, Debtor.

United States Bankruptcy Court, E.D. North Carolina.

February 3, 1989.

Attorney(s) appearing for the Case

William H. McCullough, Raleigh, N.C., for debtor.

Michael E. Weddington, Amos U. Priester, IV, Raleigh, N.C., for Committee of Subordinated Debenture Holders.

Nancy E. Scott, Associate Atty. Gen., Dept. of Justice, Raleigh, N.C., for State of N.C.

Jon A. Mueller, U.S. Dept. of Justice, Washington, D.C., for U.S. Environmental Enforcement Section.

Lacy H. Reaves, Raleigh, N.C., for Unsecured Creditors' Committee.

MEMORANDUM OPINION AND ORDER

A. THOMAS SMALL, Bankruptcy Judge.

The matter before the court is the "Notice of Intention to Abandon Property" filed by the debtor on October 21, 1988, and the objections to the proposed abandonment filed by the United States of America on behalf of the Environmental Protection Agency ("EPA") and the State of North Carolina (collectively referred to in this opinion as "the governments"). A hearing was held in Raleigh, North...

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