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IN RE WRT ENERGY CORP.

Bankruptcy No. 96-50212-011.

202 B.R. 579 (1996)

In re WRT ENERGY CORPORATION, Debtor.

United States Bankruptcy Court, W.D. Louisiana, Lafayette-Opelousas Division.

November 13, 1996.

Attorney(s) appearing for the Case

Joel P. Kay, Edward Lee Morris, Sheinfeld, Maley & Kay, Houston, TX, for WRT Energy Corporation.

Carl D. Rosenblum, New Orleans, LA, for Pigeon Land Company, Inc., et al.

M. Taylor Darden, New Orleans, LA, for Continental Land & Fur Company, Inc.

Daniel H. Golden, New York City, and Douglas S. Draper, New Orleans, LA, for Official Committee of Unsecured Creditors.

Reginald J. Ringuet, Lafayette, LA, and Jarrel D. McDaniel, Houston, TX, for Milam Royalty Corporation.

REASONS FOR DECISION

GERALD H. SCHIFF, Bankruptcy Judge.

WRT Energy Corporation ("Debtor") filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code on February 14, 1996, and on that day an order for relief was duly entered. The Debtor has remained in possession of its property as a debtor in possession as no trustee was appointed.

On May 20, 1996, a Motion to Compel Debtor-In-Possession to Assume or Reject Executory Contracts...

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