United States Bankruptcy Court, N.D. Texas January 7, 1987, 17-34172 (In Re Crutcher Resources Corp.)

MEMORANDUM OF OPINION

JOHN C. AKARD, Bankruptcy Judge.

Crutcher Resources Corporation (Crutch-er), the parent corporation, and its subsidiaries (Debtors) brought an 11 U.S.C. § 363(b)(1)

1

Motion to Sell Free and Clear

*630

of Liens. The testimony at the hearing indicated that all assets of the Debtors are pledged and that the Debtors have projected operating losses for the next three months.