IN RE SHARON STEEL CORP.

Bankruptcy Nos. 92-10958, 92-10959 and 92-10961, Motion No. PRB-1.

152 B.R. 450 (1993)

In re SHARON STEEL CORPORATION, et al., Debtor. CITY OF FARRELL, Movant, v. SHARON STEEL CORPORATION, Respondent.

United States Bankruptcy Court, W.D. Pennsylvania.

April 9, 1993.


Attorney(s) appearing for the Case

Herbert P. Minkel, New York City, for debtor.

P. Raymond Bartholomew, Sharon, PA, for City of Farrell.


OPINION

WARREN W. BENTZ, Bankruptcy Judge.

Factual Background

Presently before the Court is the City of Farrell's MOTION TO LIFT AUTOMATIC STAY AND COMPEL TURNOVER OF TRUST FUND TAXES ("Motion"). Sharon Steel Corporation Et Al, ("Debtor") is required by statute to withhold local earned income tax from its employees and remit the withheld taxes to the City of Farrell on a quarterly basis.

For the fourth quarter of 1992, the...

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