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IN RE PSINET INC.

No. 01-13213 (REG).

268 B.R. 358 (2001)

In re PSINET INC., et al., Debtors.

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

September 25, 2001.

Attorney(s) appearing for the Case

Wilmer, Cutler & Pickering, Washington, D.C., by Bruce Coolidge, Wilmer, Cutler & Pickering, New York City, by Andrew N. Goldman, Jorian Rose, counsel for debtors in possession.

Wachtell, Lipton, Rosen & Katz, New York City, by Chaim J. Fortgang, Amy R. Wolf, Scott K. Charles, for Statutory Committee of Unsecured Creditors.

Paul, Hastings, Janofsky & Walker, LLP, New York City, by Madlyn Gleich Primoff, David Fleischer, Richard J. Bernard, for NTFC Capital Corporation.

DECISION ON OBJECTION BY NTFC CAPITAL CORPORATION TO DEBTORS' MOTION AUTHORIZING SALE OF ASSETS OF CANADIAN BUSINESS FREE AND CLEAR OF LIENS

ROBERT E. GERBER, Bankruptcy Judge.

NTFC Capital Corporation ("NTFC") objects to the Debtors' motion, dated June 18, 2001, seeking the Court's authorization for the sale of the assets of the Debtors' Canadian business free and clear of liens, claims and encumbrances, to Telus Corporation, or one or more of its...

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