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Legal Opinion

Matter of Schatz Federal Bearings Co., Inc.

United States Bankruptcy Court, S.D. New York

Decided February 22, 1982No. 12-08247PublishedCited by 26 opinions

1Opinion of the Court

DECISION ON MOTION TO REARGUE APPLICATION FOR DIRECTORS’ COMPENSATION AND OUT OF POCKET EXPENSES

HOWARD SCHWARTZBERG, Bankruptcy Judge.

Two former directors of the above-captioned debtor in this liquidating Chapter 11 case seek an order pursuant to Code § 503(b)(1)(A) authorizing payment of reasonable compensation for a portion of the time when they acted as directors. J. Hamilton Crawford, Jr. originally applied for compensation in the sum of $16,500 for an estimated 148 hours of services rendered to the debtor, while Thor W. Kolle, Jr. applied for $14,800 as compensation, based upon 53 hours…

2Cases cited1 opinion

  1. Matter of Seatrain Lines, Inc.United States Bankruptcy Court, S.D. New York · 1981

3Cited by26 opinions

  1. Committee of Asbestos-Related Litigants and/or Creditors v. Johns-Manville Corp. (In Re Johns-Manville Corp.)United States Bankruptcy Court, S.D. New York · 1986
  2. Matter of Baldwin-United Corp.District Court, S.D. Ohio · 1984
  3. In Re Twinton Properties PartnershipUnited States Bankruptcy Court, M.D. Tennessee · 1983
  4. In Re MorkUnited States Bankruptcy Court, D. Minnesota · 1982
  5. In Re Lowry Graphics, Inc.United States Bankruptcy Court, S.D. Texas · 1988

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