In Re Bicoastal Corp.

ORDER ON DEBTOR’S OBJECTION TO ADMINISTRATIVE CLAIM OF LORAL (QUEEN’S HARBOR)

ALEXANDER L. PASKAY, Chief Judge.

THIS IS the next phase of litigation between Loral Librascope Pension Plan (Loral) and Bicoastal Corporation, d/b/a Simuflite, f/k/a The Singer Company (Debtor). The present matter under consideration in this confirmed Chapter 11 case is an Amended Application filed by Loral for administrative expense and an Objection filed by the Debtor to the Application. In its claim, Loral contends it is entitled to an allowance as a cost of administration in the approximate amount of $3.2 million…