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IN RE HUBBARD POWER & LIGHT

Bankruptcy No. 895-86600-478.

202 B.R. 680 (1996)

In re HUBBARD POWER & LIGHT, Debtor.

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

November 18, 1996.

Attorney(s) appearing for the Case

Rivkin, Radler & Kremer by Scott Y. Stuart, Uniondale, NY, for Debtor.

Windels, Marx, Davies & Ives by Michael Moriarity, New York City, for Oak Re.

Albanese, Albanese & Fiore, by Thomas Sherwood, Garden City, NY, for Enron Power Marketing, Inc.

Theodore Sklar & Robert Garfinkel, Hauppauge, NY, for The County of Suffolk.

Michael J. Eng, Hicksville, NY, for Long Island Lighting Co.

Gilmartin, Opster & Schafto by Howard C. Buschman III, New York City, for Hubbard Sand & Gravel.

MEMORANDUM DECISION

DOROTHY EISENBERG, Bankruptcy Judge.

This case comes before the Court pursuant to an Order to Show Cause and Application made by Hubbard Power & Light, Inc., the debtor (the "Debtor" or "HPL") seeking authorization for HPL to incur $750,000 of post-petition financing from Enron Capital & Trade Resources Corp. ("Enron") pursuant to sections 364(c) and (d) of the Bankruptcy Code. The Debtor...

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