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IN RE MEGAN-RACINE ASSOCIATES INC.

Bankruptcy No. 92-00860.

202 B.R. 660 (1996)

In re MEGAN-RACINE ASSOCIATES INC., Debtor.

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

August 30, 1996.

Attorney(s) appearing for the Case

Menter, Rudin & Trivelpiece, P.C., Syracuse, NY (Jeffrey Dove, of counsel), for Debtor.

Swidler & Berlin, Chartered, Washington, DC (Michael L. Shor, of counsel), for Niagara Mohawk.

House, Golden, Kingsmill & Riess, L.L.P., New Orleans, LA (Marguerite Kingsmill, of counsel), Bond, Schoeneck & King, L.L.P., Syracuse, NY (James Dati, of counsel), for Hudson Engineering.

Dewey Ballantine, New York City (Sandor E. Schick, of counsel), Hodgson, Russ, Andrews, Woods & Goodyear, Albany, NY, (Deborah L. Kelly, of counsel), for FDIC.

Melvin & Melvin, Syracuse, NY (Kenneth J. Bobrycki, of counsel), for TransCanada Gas.

Goldberg & Fabiano, Syracuse, NY, (Harold Goldberg, of counsel), for Creditors Committee.

Hancock & Estabrook, L.L.P., Syracuse, NY, (Charles J. Sullivan, of counsel), for Kraft.

Michael Collins, Assistant U.S. Trustee, Utica, NY.

MEMORANDUM-DECISION, FINDINGS OF FACT CONCLUSIONS OF LAW AND ORDER

STEPHEN D. GERLING, Chief Judge.

The Court considers herein a portion of the motion filed by Megan-Racine Associates, Inc. ("Debtor") on July 15, 1996, seeking authorization for the use of cash collateral during the month of August, 1996, pursuant to § 363 of the Bankruptcy Code (11 U.S.C. §§ 101-1330) ("Code").

A preliminary hearing ("Hearing") was held at the Court...

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