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IN RE SOUTH LOUISIANA ETHANOL, LLC

Case No. 09-12676 Section A.

In re: SOUTH LOUISIANA ETHANOL, LLC, Chapter 11, Debtor.

United States Bankruptcy Court, E.D. Louisiana.

March 16, 2011.

REASONS FOR DECISION

ELIZABETH W. MAGNER, Bankruptcy Judge

On February 15, 2011, the Motion for Recognition of Administrative Expense1 ("Motion") filed by CRGTWO, Inc. ("CRG") came before the Court. At the conclusion of the hearing, the Court took the matter under advisement.

Facts

In 2006, South Louisiana Ethanol, L.L.C. ("SLE") began the construction and refurbishment of a production...

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