Analysis of Ohio's Amended Receivership Law | Page 18
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• any other information required by the court.
2735.04(D)(10))
(R.C. §
As noted above, if the sale was not a private sale, but rather a
sale without an offer in hand under Section 2735.04(D)(2)(a)(i),
then the Receiver or the first mortgagee must request a separate
order confirming the sale process and approving the sale. (R.C. §
2735.04(D)(6)
Study Committee Regarding Public Utilities
Section 3 of Sub. H.B. No. 9 creates a Study Committee on
Receivership Laws “to study matters related to receiverships and
payment of public utility services.” The Study Committee will
consist of six members, three of whom will be appointed by the
Speaker of the House (with no more than two of the same party),
and three appointed by the President of the Senate (with no more
than two of the same party). The Study Committee will expire at the
end of the 131st General Assembly.
The Study Committee is to study and consider, without limitation,
the following issues:
• the jurisdiction of the Public Utilities Commission and the
courts with respect to receiverships; and
• the definitions and provisions of the U.S. Bankruptcy Code
that may be used in the Ohio Revised Code.
Presumably, the second issue alludes to Section 366 of the Bankruptcy
Code, which governs the provision of utility services in bankruptcy
cases. In general, Section 366 prohibits utilities from terminating
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