Analysis of Ohio's Amended Receivership Law | Page 19

17 or altering service to the debtor or trustee in bankruptcy by reason of the bankruptcy filing, so long as the debtor or trustee provides “adequate assurance of payment” for services going forward. The bankruptcy court is the ultimate arbiter of what constitutes adequate assurance of payment. However, “assurance of payment” is defined in Section 366(c)(1) and includes only the following forms of assurance: a cash deposit, a letter of credit, a certificate of deposit, a surety bond, prepayment of utility consumption, or another form of security that is mutually agreed on between the utility and the debtor or the trustee in bankruptcy. Accordingly, the Study Committee may, for example, choose to recommend adoption of a definition along the lines of “assurance of payment” and