In re Astle
Mar
14
2006
Ruling
Debtors'proposed lien met requirements under section 366(b) and provided power company with adequate assurance of payment for postpetition services
Procedural posture
Debtors filed a family farmer chapter 12 bankruptcy petition in order to reorganize their dairy operation. Debtors moved for a determination of a utility deposit with respondent power company and for providing secured credit as assurance of payment pursuant to 11 U.S.C. § 366. At the hearing on the motion, the power company's counsel orally objected to the motion and to the type of assurance of payment debtors proposed.
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Court
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