In Re Eastern Consolidated Utilities, Inc.

MEMORANDUM AND ORDER

THOMAS M. TWARDOWSKI, Bankruptcy Judge. 1

On March 19, 1980, First Valley Bank, a creditor of the debtor, filed an application for the appointment of a trustee pursuant to 11 U.S.C. § 1104 (1979). 2 On March 25, 1980, a hearing on the application was held, after which I. Cyrus Gutman, was appointed trustee. 3

On April 7, 1980, the debtor, through newly-employed counsel, filed a motion pursuant to Rule 59(e) of the Federal Rules of Civil Procedure and Rule 923 of the Rules of Bankruptcy Procedure for reconsideration of the Court’s order appointing the trustee, and, in the…