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IN RE LEHIGH VALLEY PROF. SPORTS CLUBS

No. 00-11296DWS.

260 B.R. 745 (2001)

In re LEHIGH VALLEY PROFESSIONAL SPORTS CLUBS, INC., Debtor.

United States Bankruptcy Court, E.D. Pennsylvania.

March 28, 2001.

Attorney(s) appearing for the Case

Stuart M. Brown, Philadelphia, PA, for debtor.

Atlantic League of Prof. Baseball Clubs, c/o Robert Klein, Conrad, O'Brien, Gellman & Rohn, PC, Philadelphia, PA.

Aris Karalis, Ciardi, Maschmeyer & Karalis, PC, Philadelphia, PA, for Committee of Unsecured Creditors of Lehigh Valley Professional Sports Clubs.

John E. Kaskey, Braverman, Kaskey & Caprara, Philadelphia, PA.

Dave P. Adams, Office of U.S. Trustee, Philadelphia, PA, U.S. Trustee.

MEMORANDUM OPINION

DIANE WEISS SIGMUND, Bankruptcy Judge.

Before the Court is the Debtor's Motion for Authority to Obtain Secured Post-Petition Financing Pursuant to 11 U.S.C. § 364(d) (the "Motion").1 Significantly the Motion was filed September 26, 2000 as the Debtor's operations were about to cease2 and seeks authority nunc pro tunc to August 16, 2000 for financing from the League...

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