Hunt Energy Co. v. United States (In Re Hunt Energy Co.)

MEMORANDUM OF OPINION

JOHN F. RAY, Jr., Bankruptcy Judge.

This matter came on for hearing on the amended complaint of Hunt Energy Co., Inc. (“Hunt”) to sell assets comprising the Hunt mini-mill, Hunt’s motion for order authorizing and directing Hunt to sell mini-mill assets to North Star Steel, motion of Russell W. Spitz to compel receiver to accept bid of Youngstown Industrial Corporation (“Spitz Motion”), the evidence, briefs of counsel and oral argument of counsel.

The Court makes the following findings of fact, conclusions of law and orders:

Findings of Fact

On February 10, 1984, Hunt filed a…