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In re Colad Group, Inc.

United States Bankruptcy Court for the Western District of New York

324 B.R. 208 (2005)

Property
Relevant factsFree

The day after filing for Chapter 11 reorganization, Colad (debtor), a printing company, sought first day orders authorizing payment of pre-petition wages, benefits, and taxes, continuation of its cash-management system, and retention of a restructuring consultant, with its primary secured creditor Continental participating in the hearing on these motions.

IssueFree

Whether first day orders made to facilitate the continued operation of a debtor's business should be limited to only that relief minimally necessary for the continuation of the debtor's business.

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