Legal Opinion
In Re Lyon & Reboli, Inc.
United States Bankruptcy Court, E.D. New York
Decided October 29, 1982No. 8-19-70965PublishedCited by 21 opinions
1Opinion of the Court
DECISION
C. ALBERT PARENTE, Bankruptcy Judge.
The creditors committee has moved by order to show cause to have the court reduce the salaries of the officers of the above-captioned debtors-in-possession. Two issues are posited for resolution: (1) Whether this court has the requisite authority to alter the salaries of the officers of a Chapter 11 debtor-in-possession for cause shown; and (2) If the court has such authority, whether salary reductions are warranted under the facts of the present case.
FACTUAL CONTEXT
On May 3, 1982, Lyon and Reboli, Inc. (hereinafter “LRI”), a paving and construction…
2Cases cited6 opinions
- Wolf v. WeinsteinSupreme Court of the United States · 1963
- In Re Curlew Valley AssociatesUnited States Bankruptcy Court, D. Utah · 1981
- Matter of Seatrain Lines, Inc.United States Bankruptcy Court, S.D. New York · 1981
- In Re Coram Graphic ArtsUnited States Bankruptcy Court, E.D. New York · 1981
- Matter of Schatz Federal Bearings Co., Inc.United States Bankruptcy Court, S.D. New York · 1982
1 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- 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
- Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.)United States Bankruptcy Court, W.D. Michigan · 1992
- In Re SchuesslerUnited States Bankruptcy Court, S.D. New York · 2008
- Frostbaum v. OchsDistrict Court, E.D. New York · 2002
- In Re Zerodec Mega Corp.United States Bankruptcy Court, E.D. Pennsylvania · 1984
16 more not listed; retrieve them via the Exa API.