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MATTER OF AURORA CORD AND CABLE CO., INC.

Bankruptcy No. 80 B 00373.

2 B.R. 342 (1980)

In the Matter of AURORA CORD AND CABLE COMPANY, INC., Debtor-in-Possession.

United States Bankruptcy Court, N.D. Illinois, E.D.

January 30, 1980.

Attorney(s) appearing for the Case

Richard L. Horwitz, Gary G. Piccony of Reid, Ochsenschlager, Murphy & Hupp, Aurora, Ill., for Aurora Cord and Cable Co., debtor-plaintiff.

Thomas P. Sullivan, U.S. Atty., Chicago, Ill., M. Carr Ferguson, D. Patrick Mullarkey, T. Kazan Ray, Attys. U.S. Dept. of Justice, Tax Div., Washington, D.C., for I.R.S., defendant.

MEMORANDUM OPINION AND ORDER

ROBERT L. EISEN, Bankruptcy Judge.

Yorkville, Illinois is a small rural community located about seventy-five miles southwest of Chicago. The debtor, Aurora Cord and Cable Company, is its largest employer and is engaged almost entirely in defense-related work for the United States. The debtor is current on its income and employee withholding taxes but has refused to pay and disputes liability...

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