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IN RE FALCON OIL CO.

Bankruptcy No. 5-94-01616.

206 B.R. 715 (1996)

In re FALCON OIL CO., Debtor. NATIONAL GRANGE MUTUAL INSURANCE COMPANY, Movant, v. FALCON OIL CO., Respondent. FEDERATED MUTUAL INSURANCE COMPANY, Movant, v. FALCON OIL CO., Respondent.

United States Bankruptcy Court, M.D. Pennsylvania.

December 16, 1996.

Attorney(s) appearing for the Case

Leon Barson, Kevin Walsh, Adelman, Lavine, Gold & Levin, Philadelphia, PA, for Debtor/Respondent.

Robert Nowalis, Doran & Nowalis, Wilkes-Barre, PA, for National Grange/Movant.

John Dwyer, Cozen & O'Connor, Philadelphia, PA, for Federated Mutual/Movant.

David Smith, Duane Morris & Heckscher, Philadelphia, PA, for PNC Bank.

OPINION AND ORDER

JOHN J. THOMAS, Bankruptcy Judge.

The Movants are Federated Mutual Insurance Company ("Federated") and National Grange Mutual Insurance Company ("NGM"). They are bonding companies asking for relief from the automatic stay to pursue the Debtor-In-Possession, Falcon Oil Co., ("Falcon") for sums that they were requested to pay the Commonwealth of Pennsylvania. Those sums approach $1.3 million dollars.

Many of the facts are not...

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