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MATTER OF McLOUTH STEEL CORP.

Bankruptcy No. 81-07001-W.

23 B.R. 167 (1982)

In the Matter of McLOUTH STEEL CORPORATION, Debtor.

United States Bankruptcy Court, E.D. Michigan, S.D.

September 20, 1982.

Attorney(s) appearing for the Case

Timothy H. Howlett, Detroit, Mich., for McLouth.

Allen J. Kovinsky, Southfield, Mich., for Committee of Retirees.

MEMORANDUM OPINION AND ORDER

GEORGE E. WOODS, Bankruptcy Judge.

This matter comes before the Court on the petition of the McLouth Steel Salaried Employees Committee of Retirees (Committee) for the payment of medical and life insurance benefits.

McLouth Steel Corporation (McLouth) filed for relief under Chapter 11 on December 8, 1981. On March 29, 1982, McLouth, as debtor in possession, entered into an operating agreement with its secured lenders...

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