In re Circuit City Stores Inc.

Ruling: 
Order for adequate assurance payments to utilities approved subject to later modification.
Procedural posture: 
Debtors operated retail consumer electronics stores which received services from utility companies, which services were essential to the continued operation of the debtors. The debtors moved for an order approving a blocked account to provide adequate assurance of payment to the utilities pursuant to 11 U.S.C.S. § 366 and establishing procedures to resolve disputes concerning adequate assurance of payment.
Issue: 
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Commercial case opionion summary, case decided on January 14,2009, LexisNexis #0409-002