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IN RE ELMIRA LITHO, INC.

Bankruptcy Nos. 94 B 40247 (SMB) to 94 B 40253 (SMB).

174 B.R. 892 (1994)

In re ELMIRA LITHO, INC., et al., Debtors.

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

As Corrected November 28, 1994.

Attorney(s) appearing for the Case

Baer Marks & Upham (Larry D. Henin, Bruce Zabarauskas, Frank G. Cernigliaro, of counsel), New York City, for debtors.

O'Sullivan Graev & Karabell (Charles E. Bachman, Stewart A. Kagan, Joshua H. Epstein, of counsel), New York City, for U.S. Concord, Inc.

Duane Morris & Heckscher (James L. Allison, of counsel), Philadelphia, PA, for First Fidelity Bank, N.A.

Platzer, Fineberg & Swergold (Steven D. Karlin, of counsel), New York City, for Official Committee of Unsecured Creditors.

MEMORANDUM DECISION DISMISSING APPLICATION FOR RELIEF FROM THE AUTOMATIC STAY

STUART M. BERNSTEIN, Bankruptcy Judge.

On October 26th and October 27th, 1994, the Court received evidence and heard argument in connection with U.S. Concord's ("Concord") application for relief from the automatic stay, or in the alternative, adequate protection. At the conclusion of Concord's direct case, the Court granted the Debtors' motion to dismiss the application...

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